Mixed use Development construction costs?

Private Lending & Conventional Mortgage Advice
4yFollow

Mixed use Development construction costs?

Mallikarjun Reddy Pateel
Investor · NJ · Member since 2021 · 126 posts · 33 votes

my partners are set to close on a Land in NC, we are exploring the option of Mixed-use Development, one main component for my analysis is Debt Interest rates so can someone Recommend what are some Good loan programs or resources where i can find more Information. TIA!

0Reply
55 views

3 Replies

Jump to latestLatest
  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    4y
    land loans are very tough to get..  so are you talking about your vertical loan ?
    Podcast Guest on Show #222
    JLH Capital Partners51 Review
    WebsiteView Page
    0Reply
  • Mallikarjun Reddy Pateel
    OP
    Investor · NJ · Member since 2021 · 126 posts · 33 votes
    4y

    yes, the loan is not for the land it's for construction. 150 residential units

    0Reply
  • Jared RineBusiness Member
    Lender · Sacramento, CA · Member since 2009 · 1k+ posts · 277 votes
    4y

    @Mallikarjun Reddy Pateel...are you just asking for what are typical construction loan rates for a ground up mixed-use build??  I think it's going to depend...but either let me know or drop a line.  Thanks,

    Jared Rine United Lending Partners53 Reviews
    View Page
    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free