Austin, TexasWantFinancingPrivate MoneyClassifieds4yFollowLooking for a Private Money Lender for Austin, Texas 78701Nicholas LandisMember since 2021 · 15 posts · 9 votesLooking for introductions or recommendations for a Private Money situation, that can lend on a new construction investment condo. Under contract to pay $1,080,000 for a 2/2 with 1,260 sq ft. 19th floor. Existing comps support $1,350,000-$1,450,000, Pre-construction condo comps that haven't closed yet in the unfinished "Modern" building on Rainey, support over $1,500,000+ We already have 10% (108k) down payment in Escrow, and looking for a lender that can lend on this unit with no additional down payment. Previous lender is not able to preform. They were a PML that quoted us originally with our 10% down and significant appreciation equity. Closing is 9/9, but can be extended. 1Reply20 views