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Apart from the construction loan, and how to apply for a loan that will pay the demolition fee, bluprints?
I have a bunch of garages.I want to demolish the building and house.This story of the three schemes require the architect and other crap for building.What Citibank’s good and how this process will work without spending a dime from me my balance pocket.My good and my loan will be home.What I will accomplish all this without closing costs, because there is no building material group yet.The garages classified as commercial real estate and tried, which was built in 1910. Everything possible to participate in the garage to use and I said commercial real estate such as this will not allow it.
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Construction Loan
Your looking for a loan that does not exist.. First of all if the property is zoned commercial you will have a difficult time building a residential house on it… If it is approved by the city you will have a harder time getting financed because it will be considered mixed use property you will not be able to get high LTV conventional financing with the best rates because of the zoning. sorry to bust your bubble…
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LikeDislikeIt’s bull you can get equity my friend the method i am going to tell you about is a little pricey but in a couple of days you will begin to execute what it is that you are trying to do. What you are looking for is a hard money loan or a bridge loan these loans are especially for what you are trying to do . They are just a little pricier, once you find out the details of these loans you will know what to ask for when shopping around and if you still don’t get it just email me back!as far as zoning you may be able to get a variance on the zone this is a process all by itself if I were in your shoes I would get the fight with the zoning board out of the way first!
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