construction financing for small developer in los angeles?
I have 3 separate new entitled construction projects that i developed myself in need of financing in the los angeles area;
About $3 millions needed to build 2 architectural homes and one warehouse
Properties are currently 100% owned outright; my company is recent and no track record yet, thus the struggle looms to find easy and cheap financing
Being new to the local financing market, what are the options beside 10% hard money loans? What LTV should i expect?
any advice welcome
Thanks