Mortgage Broker Recommendation?
My wife and I are looking for a mortgage broker (or we could go straight to the bank if that’s better) for the residential conversion of a commercial property in Brooklyn. Any one out there with a project like this? Total budget is around 400k so we’re not talking about crazy money here. I already spoke to Norman Calvo who is unable to do this type of financing. Since it is zoned residential, couldn’t this be considered a construction loan? I figure it’s like buying land with a head start.
