Updated over 6 years ago on . Most recent reply
Hard Money for Central Florida Tear Down/ New Construction
I have executed 6 Ground Up Developments and 56 Multifamily Redevelopments for 14,000 units as an Asset Manager and am executing my first deal as the sponsor. I have partnered with a GC and am seeking to do a tear down/ $1M new home build in central Florida. Can someone recommend a good Hard Money Lender to work with specializing in New Home Construction? Build time & time to sell up to 15 months in this market.
Seeking non-recourse financing up to 90% LTC. LTARV would be between 65-68%.