The Legends Mortgage Team
Plan the work and the financing together.
Discuss acquisition, renovation budget, contractor scope, draw timing and the planned exit. Business-purpose renovation financing varies by property, project and lender; a projected sale is not guaranteed.
Renovation investment
Ask questions that move the conversation forward.
Compare the full cost, documentation, property use and timing. An option that works for someone else can have different conditions for your transaction.
- Which borrower and property facts do we need to review first?
- Which costs are due at closing, and which continue afterward?
- Which conditions can change before closing?
- Which alternatives deserve a comparison?