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Updated over 2 years ago,

User Stats

34
Posts
12
Votes
Joseph Ortiz
  • Investor
  • Baton Rouge, LA
12
Votes |
34
Posts

Creative Financing Resource for a New Construction Duplex

Joseph Ortiz
  • Investor
  • Baton Rouge, LA
Posted

Hello fellow investors, lenders and real estate professionals..

We are in the process of getting ready to build a new duplex which will be leased out when completed. The property started out as a sweetheart deal, but the latest interest rate hikes and increases in materials costs have us being very cautious about the overall expenses affecting future cashflow. Can anyone recommend a lender they may have used in the past who does both construction loans and term financing products for investors? I have made a list from BP resources but I was looking to get input if possible from investors who may have experience with  a specific company?

Thank you in advance for any help!

Angel.

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