Working Around 9-month Lead Time on $MONEY$ Using OPM
Background: I've connected with EB-5 Investors that will fund 100% of my deal @ 6% interest (pending deck I present and approval)... The catch is that there's a 9-month lead time due to I-526 review & processing.
Challenge: How do I work around a 9-month lead time on multi-million dollar projects using OPM?
Example: Let's say I plan to develop a track of land horizontally and vertically. Could I secure bridge financing and/or a construction loan? Could I structure seller-financing? How do I close on the land and move forward with construction during this 9-month period?
Most Popular Reply
@Mark Allen get an LOI done and do a contract sale that last 12 months while you are waiting for the funds and doing building permits and all that or owner financing is an option.