All Forum Posts by: Robert Bushnell

USDA will allow up to 90% / 10% down payment of the development costs for-profit investors and 97% for non profits.  These are government loans and have lots of criteria to fit into to decide if it fits into an investor portfolio.  If your using USDA tenant income would be capped at115% of area median income for family size, rents are capped at 30% of the 115% of area median income.  Entire project must remain affordable so they cap the tenants rent including quantities @ 30% of the 100% of area median income.  Should you want to get more information and have a project size of 1 million or above.  Please feel free to reach out

Nice write up.

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If you are needing business , commercial real estate lending. We provide Real Estate purchase, refinance (cash out options) Bridge loans, SBA

Loans (7a & 504) & construction loans. Loans available for any type of commercial property. We are not a broker, we underwrite in

house and place our packaged loans with credit unions, pension funds and other investors in our vast nationwide investor network. Check out our website RealEstateBuisnessLending.com

Discover the difference our “One Stop Shop” solution & Concierge Consulting Service will provide you. Serving the USA & Canada