I work with a direct lender that provides alternative business financing loans for real estate investors and commercial contractors who purchase and rehab non-owner occupied commercial and residential properties. Construction, rehabilitation or real estate investment loan that is attached to a non-owner-occupied residential and commercial properties with one to four units are considered.
Interest Only during the term of the loan,with no pre-penalty fee if you pay off early. A typical fund is 80% of the "as is" value of the property to be renovated, and loans typically range from $50,000 to $2 million.
If you have a property in need of this type of funding, contact me at diane@capfinancegroup.com or call 913-601-2618.