Vdojoe, Home Buyer in Los Angeles, CA

Looking for lender(NO HARD MONEY) to fund a Los Angeles warehouse I plan to renovate & owner/occupy as SFR. Unique with no comps in area.

Asked by Vdojoe, Los Angeles, CA Mon Oct 21, 2013

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Vdojoe, Home Buyer, Los Angeles, CA
Tue Oct 22, 2013
Thanks Alex but the property has already been rezoned to residential. (R2) And the city is 100% behind us.
0 votes
Well if that is the case then I would be able to get you a loan.
Flag Tue Oct 22, 2013
Alexander Gr…, Agent, San Jose, CA
Tue Oct 22, 2013
You would not be able to get a conventional loan. You would need a commercial because it is a commercial property you are buying. And on top of that you are planning on changing the zoning which they will most likely deny you for. So, hard money is your only option.

Alex Greer
Loan Officer
NMLS #1056079
http://www.TheMortgageOutlet.com

408-352-5147
AGreer@TheMortgageOutlet.com
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