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Dhruv Pilania
  • Sunnyvale, CA
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Palo Alto - SFR new construction secondary loan

Dhruv Pilania
  • Sunnyvale, CA
Posted

Hi,

Looking for lenders or advice on securing 250K - 500K loan as a secondary to primary mortgage. Project is a 3500 SQ feet new construction in prime Palo Alto area. Plans approved by city, permits pulled, shovel ready. (Don't want to do a new construction loan as I have a low rate on primary mortgage). Post construction value estimated at $5M.

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