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Updated almost 7 years ago on . Most recent reply
New Construction Financing
This is out of the ordinary- I am building duplexes out of shipping containers.
I have 8 duplexes pre-ordered, but I am having a hard time getting financing?
I have 40k cash. Our first 2 buildings are going to sell for 100k each at 13% cap.
I am wondering what I am missing that would make a bank not want to lend to me?