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https://www.instagram.com/tuchus_offan_tish/reel/DImG5KORZDV/ I sent this one to my Sephardi friends at least a couple of times

about time this started happening!

If you dont find a direct lender to do this, DM us and we'll get this done for you given everything is in place for financing, we finance construction deals like those often.

hi @levelex, the domain starlight-capital.com is now offline. just curious.

ARV isn't really relevant. They will want to know BTR (build to rent) or BTS (build to sell). And if for sale, do they have purchase contracts? Or is it spec?

These are condos for sale. After completion value is $16M+

Hello Nynja, First off, you're going to be hard pressed to find many touching residential of any kind in New York right now. I have a fund that has been trying to evict a tenant for over a decade on a property they seized. NY is not a safe bet, and if the property defaults, resale is becoming exceptionally difficult in NY. We just did a 22m office building in NY, and it had sat on the market for almost two years before my client purchased it. So this is your first issue. NY has a challenging legal ecosystem, especially for residential property owners. Your second major issue is going to be scale, 9m for construction is tiny right now, there is a massive gap in construction financing, 0-3m is full of lenders, and 30m and up is full of lenders, but 3 m- 30 m is sparse at best. Your third issue is forum, this is a merchant cash advance forum, Steve and myself are the only two on here who routinely do "large" financings and or have any experience in that space. The type of fund you are looking for rarely advertises in the first place, let alone on an MCA forum. Feel free to give me a call, I'm sure Steve will also offer to help. Either way, unless you are intimately familiar with the space, the chance of you doing this on your own without the assistance of someone like us is fairly slim.

Do Coconut Funding next!

I like it, you should come out with a course for a fee if need be and give a visualization on how to go about doing so, it could be a hit

Keywords - investing your time, money and learning organic SEO - investing several hours per week will reap benefits over time. At the same time continue to make those daily contacts - email-phone- follow ups is key. Continue to build your pipeline.

Interesting, if you know what your doing, and have knowledge, time, and money to generate your own leads while working full time as a broker or funder, even hire a CMO or Data Manager then it's great.

I have access to a large real estate fund $10MM plus deals

Need direct lender for a $8M-$9M, 30+ High end Condos/Retail development in Upstate NY. Totally approved project, fico 800, Borrowers net worth $10M+ Real Estate is owned free and clear, experienced developer.

Free and clear. Are you a direct lender?

Everything is done. The project is already started, about 10%

When you look for development funds...you have to break it down. first - what's the situation with the land or "horizontal". Is it graded, pulled permits, entitlements, final map, shovel ready, is it free and clear or is there a lien on the land. Secondly - what the situation on the vertical - have you covered soft costs, what's your capital contribution 10% - 20%? Do you have a construction loan? Many developers have construction loans but can't get the funding for the horizontal. I prefer to package it together so you have the horizontal and vertical together..... Better for the client and $10MM is the threshold. Reach out Pitch deck if available one page executive summary of the project resume of developer Build to rent or build to sell Contracts on build to sell? REAL ESTATE: SREO Pictures of the Asset Tax Assessment Recent Tax Appraisal Property Address: Property Type: SFR Loan Type: Property's Current Value: Original Purchase Price and Date: As complete value: Current Mortgage (if applicable): Requested Loan Amount: LTC (Loan to Total Costs): Credit Score: Time Needed to Complete Project: Where in the Construction Process Are You (Permitted? Entitled? raw dirt?): Use of funds: Exit Strategy: How many similar projects have you completed in the last 3 years on title?: Borrower's Stated Liquidity/ Reserves:

Need direct lender for a $9M 30+ Condo/retail development for a NY project.

Arthur Curry

:mad: I warned you what would happen if I caught you looking for love on here again, Moneyman.... now pack your stuff

You not my girl speak like a man. Your thoughts??

:rolleyes: