I recently purchased a forclosed coop in need of renovation.Purchase price of $120k, appraised at $195k.I need to take out a home equity loan for the renovations. I’ve been advised that most lenders don’t offer loans on coops. Chase offers the loans, but will not finance because I have a brand new mortgage, so there is no “cash equity”. Any suggestions?


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    personal small scale enterprise
    We grant loans at any range with a profiting business plan at
    affordable interest rates
    We offer;
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    -line of credit.
    -Venture Capital
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    *Build your business
    *Finance your inventory
    *Restructure your credit.
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    *Invest in real estates
    Revolving Credit Lines
    Conventional Factoring
    Bridge Financing ?
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    Purchase Order Financing ?
    Letter of Credit Financing
    Acquisition Financing ?
    Funding for Healthcare Providers
    Inventory Loans ?
    Equipment Financing
    DIP and Exit Financing
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    Cash Flow Loans
    Equity Participation
    Real Estate Financing
    Construction Loans
    Loan Guarantees
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    +Start-up Loans Commercial Property Loans
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  3. save up money and build equity before you go into a renovation..living beyond your means is what got so many homeowners into a financial mess in the first place

  4. Contact Ann Marie Manfredi at Wells Fargo, they have a construction loan or she might be able to do what you are looking for. She has helped a few of my clients out of a jamb. (845) 639-2732 or (845) 406-5218.

    Jock deBoer, AIA
    deBoer Architects