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Updated about 11 years ago on . Most recent reply

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Kym Nash
  • Avon, CT
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Investor for VERY short term

Kym Nash
  • Avon, CT
Posted

We have a commercial construction loan ready to go, it's a unique situation as the property behind is in foreclosure & we're working to obtain that as well. The bank is considering waiving the 25% down payment, however, we would prefer to have the cash sitting in the bank while loan goes through to be on the safe side, roughly $50,000, we have the balance. Are there investors/lenders that will lend for a 2 week-ish period of time and what is a compensation for them doing so, and how do we find them!!?

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