Helping friend get funding for large development, need advice.
I am helpig a friend try to get funding for a large housing development. He has tried on his own via a B&I program but local banks didn't bite. Are there any hints tips or programs you could point me towards? Looking for about 8 million in funding. The land for the development is owned outright by developer, and already have building permit. Tips or tricks that have worked for any of you in the past would be helpful.
Thanks.
Josh