Builder with excellent credit in need of funds to finish project.
Hello. My Client is an established Builder with excellent credit and strong assets. Currently, he has a 5 Residential Lot project in need of engineering completion. He's looking to pay of existing bank lien of 140K and add an additional 100K to finish the engineering phase. Improved value to be 500K (current tax assessment 400K). 800 credit and very well capitalized, but doesn't want to have to liquidate to finish project. Property located in Baltimore County. Private and Institutional HM Lenders only please email or PM. Thank you.
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