Lenders say Im developing Retail Centers below wholesale.
Some lenders want me to charge myself my standard construction rates which I totally understand. But doing so raises the 20% in upfront cost. How do you get private funding for these type projects with the projects collateral standing for themselves. This is for new construction and nothing is being funded that's not on the ground. I'm losing deals and watching people come in behind me and develop my centers. The pass centers that I developed and sold where not done thru my name. HELP I need to be building. I really need to streamline the funding process on these projects for the New Year.