I bought a commercial property retail space and I own it free and clear. I paid 18K for it however the comps are between 80k to 90k. Its also in a historical area so there may be some funds or tax credits available. The issue is that my credit is bad. I filed a chapter 7 a year ago because of divorce debt. I only have 67k in student loan debt that’s in forbearance now and only a $300 credit card bill. So my issue is that I need about 30k to do work on the property. So I wanted to do a line of credit or refinance it but because of my credit I am having issues. Does anyone have any advice suggestions?
HI! Michael I have a lender that will be able to refinance property please email me at firstname.lastname@example.org Sharron Williams thanks