Seeking Private Money to Lend In Nashville and Surrounding Areas

[Billy Brown]

If this isn't allowed, please notify me.

I'm the lending sponsor for the local REIN group and MUSIC AND MONEY (Seth Mosely's meet up if you heard his podcast).

i am an investor as well as licensed loan officer who can do creative financing. We are in need of more private money to lend here for new construction and rehab projects. I have access to larger national lending for this, but i prefer private lenders due to speed. The private funds that have been available to me, I have successfully placed and am in need of more.

Money is typically out 4-6 months and is taken out by bank lending (that I verify )for new construction. Or if you prefer to lend on the entire project, we have deals that prefer private money to fund the entire project. Typically we get 12-15% interest, LTV for land 90%, 75-80% of ARV for rehab.

I have deal requests all the time, but the ones that i am working on now are:

3.2 MM for acquisition of 350 new construction

$300k for land acquisition for 6 build in East Nashville 

$750k for 2 new construction units in East Nashville

I also get requests for equity partners in buy and hold deals if that interests you.