Hard money lenders for new construction?
Hello,
I've got land under contract in Newport KY. City views of Cincinnati, 120 wide x 100 deep lot, 3-4 homes, townhouse style. Getting geotechnical studies done currently to see if it's a viable build and see if I want to follow through with the purchase.
Community question - are there hard money lenders out there that do construction type loans? I
know, banks do this...I just find hard money so much more straightforward and to the point with deals.
OR
Are there any BP members out there looking to partner on a sizeable project like this?
I'd ideally like to buy and hold these properties for the long term.
Most Popular Reply
disclaimer: i work for Lima One.
@Jay Hinrichs is correct. We do lend on new builds and experience is required. If you'd like more details leave a comment and we'll be happy to discuss.