Why Construction Loans Should Be a Last Resort
Question: I would like to make renovations on a single-family house that I own as an investment. Can I, as an individual, qualify for a construction loan? What are the advantages and disadvantages of securing this type of financing? Please check out the rest of this article to find out what Mr. Irwin says about this.
If you are into Rehabbing, you may be interested in this as far as a potential source of money is concerned.
http://www.realestatejournal.com/columnists/qa/20020315-irwin.html
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