2.5% Rate - Land Development Financing - Seller Financing and Mezzanine Allowed!

[Robert Jay]

Are you a land developer that needs financing to develop the land, and then sell to a home builder?

Are you a land developer that needs financing to develop the land, and then build home sites?

If you answered “Yes” to any of these questions we have a solution! You are now able to receive competitive “short term” financing on land!

Here’s what this means for you:

• No credit score requirements.
• Interest rate is 2.5% fixed, and interest only to keep your payments low.
• You must have an “exit strategy”.
• Term is 3 to 6 months but can be extended on a case by case basis.
• No tax returns, paystubs, W2’s, or 1099’s.
• Current closing timeframes are 3 to 4 weeks.
• We can close the loan in the name of an entity (LLC or Inc.)
• Minimum loan amount is $500,000.
• Max loan amount is $10 Million.
• Seller financing and Mezzanine financing is allowed on acquisitions, and refinances. Must be in 2nd lien position as a subordinate.
• The underwriters may request to see a limited master plan, construction budget, permits / approvals, BOV, and development timeline.

We bring private money within the reach of land, commercial, multifamily, and fix and flip investors. If you prefer having a single point of contact that is professional, acts with integrity, responsive, answers the phone, and responds to emails the same day, you’ll enjoy working with me.

I've been in the industry since 2004, I've been nominated in Scotsman's guide for over $65 million in production in 2017 and 2018. I've worked on tons of commercial deals, as well as residential. When your bank says no this program says yes!

Give me a call, send a text, shoot me an email, or post a comment.