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Updated over 5 years ago,
New Construction, New Development Multi-Family $2M to $5Million
Has anyone completed a Multi-Family Development with LendingOne?
I've come accross the site through research as an option to my Bank Lending arm due to the Crappy Terms that I was approved for with the conventional route.
In Fact, I submitted an application in which LendingOne rep replied within an hour. However, I've never gone the internet route for private financing as to why it concerns me.
I just decided to untether myelf from my local hardmoney lender as well as my local bank due to what seemed to be terms that's getting worse and worse.
I'm interested in anyone that can share there experience with Multi-Family Private Lending Resources from $1.5 to $5 Million and specifically whether LendingOne is credible in this space.
Open to all replies and experiences!
Thank You In Advance.