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Updated about 1 year ago on . Most recent reply

User Stats

184
Posts
78
Votes
Dustin Tucker
  • Lender
  • Savoy, TX
78
Votes |
184
Posts

Looking for a $700,000 New Construction Loan on $1.3 Million Appraisal

Dustin Tucker
  • Lender
  • Savoy, TX
Posted

I am a lender and Broker at CTF Funding,

I'm looking for a lender that will do a partially complete new constuction in San Antonio, TX.


Lot Price: $197,000

Construction Costs: $1,250,000

ARV: $1,800,000

(Appraisal Came Back at $1.3)

4800 Sq.ft. New Construction

Borrower paid Cash for the lot and $600,000, of the construction

House is currently at Sheetrock stage inside, with roof completed and windows installed.

Looking for $700,000 to complete the house.


DM me for more details.

business profile image
CTF Funding

Most Popular Reply

User Stats

19,818
Posts
17,429
Votes
Chris Seveney
  • Investor
  • Virginia
17,429
Votes |
19,818
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Dustin Tucker

Owner occupied or non owner occupied?

They going to do draws ?

  • Chris Seveney
business profile image
7e investments
5.0 stars
2 Reviews

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