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financing for renovation project
Options

dkrak
Posts: 1 Newbie
Hello and thank you for reading
I would like to find out what options are for me in case of my project: I wish to purchase house that is in need of renovation and hte sell it off. What would be type of financing available for me in this sort of endeavor?
I already have one residential mortgage.
With regards
Darius Krak
I would like to find out what options are for me in case of my project: I wish to purchase house that is in need of renovation and hte sell it off. What would be type of financing available for me in this sort of endeavor?
I already have one residential mortgage.
With regards
Darius Krak
0
Comments
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Usually it would be a bridging loan, but its probably worth sitting down with a broker as there could be other cheaper options... bridges are not really cheap, but they do the job.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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