Construction Loan 8mm-10mm , ZERO Debt on property
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  1. #1

    Construction Loan 8mm-10mm , ZERO Debt on property

    Hello,

    I have a client whos looking for a construction loan from anywhere between 8-10mm , approved plans in long branch, NJ for anyone thats familiar with the area. 14 unit townhomes , 30 days out from commencement. If this is something you can do, or know someone that can do this, please pm me or call me at (929)-224-2334

    Thank you

  2. #2
    Senior Member Reputation points: 72398 Olderguy's Avatar
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    got it...sent package,

    Need intake form completed, business plan, executive summary and resume of individuals involved.

    https://drive.google.com/file/d/1LAV...ew?usp=sharing
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Quote Originally Posted by abcloser View Post
    Hello,

    I have a client whos looking for a construction loan from anywhere between 8-10mm , approved plans in long branch, NJ for anyone thats familiar with the area. 14 unit townhomes , 30 days out from commencement. If this is something you can do, or know someone that can do this, please pm me or call me at (929)-224-2334

    Thank you
    Hi, Whtas the value of the property and is there an appraisal?

  4. #4
    Senior Member Reputation points: 72398 Olderguy's Avatar
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    Quote Originally Posted by Alpha Equity Fund View Post
    Hi, Whtas the value of the property and is there an appraisal?
    It's land that almost shovel ready for construction.
    Last edited by Olderguy; 01-16-2024 at 12:16 PM.
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  5. #5
    Senior Member Reputation points: 4567 NickHubbard's Avatar
    Join Date
    Jun 2015
    Location
    Saint Louis, Mo
    Posts
    333

    Quote Originally Posted by abcloser View Post
    Hello,

    I have a client whos looking for a construction loan from anywhere between 8-10mm , approved plans in long branch, NJ for anyone thats familiar with the area. 14 unit townhomes , 30 days out from commencement. If this is something you can do, or know someone that can do this, please pm me or call me at (929)-224-2334

    Thank you
    Nathan Capital Group | https://nathancapgroup.com/
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

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