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Updated about 2 years ago on . Most recent reply

User Stats

39
Posts
24
Votes
Rich Emery
  • Real Estate Agent
  • Windsor, CO
24
Votes |
39
Posts

Hard money lenders for new construction?

Rich Emery
  • Real Estate Agent
  • Windsor, CO
Posted

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.

  • Rich Emery
  • Most Popular Reply

    User Stats

    9
    Posts
    5
    Votes
    Replied

    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.

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