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Updated over 2 years ago, 04/27/2022
Building Real Estate - Finding Financing
Hello BP Forums,
Currently looking into stepping into a new area of developing multifamily townhomes in a popular and growing location. I work in construction and I'm comfortable doing so, especially when inventory is at an all time low. I have everything in place excluding the Financing, I've been looking for new construction loans but no one can end me because of my experience as a developer is "minimal" on paper.
This has pushed me towards hard money loans, which although is takes a slight hit to my numbers they are still well in the green. However, I am having a hard time finding a private money lender as well, if there is any direction any one here could push me towards, any and all insight would be greatly appreciated!