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Updated about 2 years ago,

User Stats

244
Posts
162
Votes
Sanat Bhandari
  • Investor
  • Omaha, NE
162
Votes |
244
Posts

New Construction Lenders for Land Owned Free & Clear

Sanat Bhandari
  • Investor
  • Omaha, NE
Posted

Hi everyone - 

I have an investor client who is looking for a construction loan on land owned free and clear. If this helps, the land is in Little Rock, Arkansas. The land is valued at $1.8m while the client is looking for a low-leverage 30-40 LTV loan for small container home construction on the same. Does anyone have any recommendations for wholesale lenders/investors for such a deal?

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