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Updated over 8 years ago on . Most recent reply

User Stats

176
Posts
73
Votes
Jaclyn McClellan
  • Real Estate Agent
  • Chicago, IL
73
Votes |
176
Posts

Private funding needed for extra liquidity in Chicago

Jaclyn McClellan
  • Real Estate Agent
  • Chicago, IL
Posted

We are closing on a property May 31. The way the Hard Money Lender works is we have to pay for the construction up front, then they reimburse us. While we have enough liquidity to receive the loan, we are interested in having more in case something comes up that we need the extra cash to pay upfront.

I would be willing to disclose information regarding the property, the architectural plans, the construction budget, etc. 

We are looking for roughly $20,000 and would need it for probably 6 months max. 

Please contact me if you'd be interested!

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