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  1. #1
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    Construction loan | borrower has 0 experince | but has down payment and gc

    Anyone got a funding source for NEW CONSTRUCTION (SFR) in which the borrower does not have fix and flip or construction experience YET?

    (but has funds/down payment and a contractor)

  2. #2
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    Do they have at least 3 months of biz bank accounts?

  3. #3
    Senior Member Reputation points: 54
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    SFR rehab / construction loans

    Quote Originally Posted by CFSCCorp View Post
    Anyone got a funding source for NEW CONSTRUCTION (SFR) in which the borrower does not have fix and flip or construction experience YET?

    (but has funds/down payment and a contractor)
    I have a stable of different lenders for that if you don't mind co-brokering 50/50.
    Mike Lewis - commercial real estate loan broker / owner
    No up front fees loan broker
    Commercial real estate loans: Acquisition, refinance, construction and FAST bridge loans from $200k +

    tel/voicemail: 937-964-5355
    cell/voicemail: 440-637-5646
    corporate email: mikelewis@michaellewisgroup.com

    www.linkedin.com/in/cigarmike

    Veteran Owned

    WE CO-BROKER with an even 50/50 split and we both get paid by wire at close.

    We issue a combination mutual NDA / fee split, you introduce your CRE clients to us stating simply we handle your commercial real estate loans, we take it from there and keep you in the loop. When a loan you referred closes, you get paid at close by wire.If you can work with that please do not hesitate to contact us. Our loan forms are vanilla with no company name.

    Michael Lewis Group Commercial real estate loans

    http://michaellewisgroup.com/index.html

    Loan Matrix

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    About Us

    Discounted cell phone plans starting at $15 / month. AT&T from $30/mo, T-Mobile from $15/mo, Verizon from $35/mo.

    http://arthodyd.com/d.html

  4. #4
    Quote Originally Posted by CFSCCorp View Post
    Anyone got a funding source for NEW CONSTRUCTION (SFR) in which the borrower does not have fix and flip or construction experience YET?

    (but has funds/down payment and a contractor)
    We can certainly assist you with finding the right funding source for the new construction. Could you potentially send me additional information?

    I am happy to set up a phone call to further discuss, or you can email me at Matti@pandocompanies.com

  5. #5
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    EASY DEAL!

    Contact me ASAP!

    -
    Anthony Auriemma
    PRESIDENT
    Phone: 848-480-1814
    Fax: 888-440-1760
    Cell: 732-552-5010
    Email: anthony@BilderbergBusinessLenders.com
    Email: BilderbergUnderwriting@gmail.com

    www.BilderbergBusinessLenders.com


    My Products Are:

    Traditional Loans
    We Offer
    Offer Terms of 1 to 10 Years
    Interest Rates Between 3.99% & 12.99%
    Pre-payment Discount with Early Payoff or Refinance
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