Results 1 to 5 of 5
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11-02-2020, 05:19 PM #1
- Join Date
- Oct 2020
- Location
- Kansas City, MO
- Posts
- 6
11 Unit Apt/Townhouse New Construction Lender
I have a deal in RI. The client already owns the land. Has all the needed permits. He is looking to build 11 units in total which consist of Townhomes and Apartments. As complete value would be $4.7M. He is needing $2.7-$3M to build it. He has 750+ Fico and almost $1M in cash reserves.
Do you have any non-bank Direct Lenders that I can reach out to?
Thank you,Alex Trigg
Director of Commercial Lending
Strategic Capital
816.287.3808
atrigg@capitalwithstrategy.com
www.capitalwithstrategy.com
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11-02-2020, 05:21 PM #2
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 474
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11-02-2020, 05:30 PM #3
- Join Date
- Oct 2020
- Location
- Kansas City, MO
- Posts
- 6
He has a lot of experience with smaller SFR and 1-4 units. This will be his first over 4 unit build. I do believe that he does had a GC in place. He has already paid out of pocket around $385K in the renderings, permits and raw land improvements.
Alex Trigg
Director of Commercial Lending
Strategic Capital
816.287.3808
atrigg@capitalwithstrategy.com
www.capitalwithstrategy.com
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11-04-2020, 12:26 PM #4
- Join Date
- Mar 2016
- Posts
- 83
I sent you a PM. Hope that helps.
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11-19-2020, 07:58 PM #5
- Join Date
- Dec 2017
- Posts
- 17
If you did not get the funding required contact me;
Michael Cooper
michael@2getfunded.com
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