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Updated about 5 hours ago, 12/20/2024
Construction Lenders - Some Basic Questions
Hey good folks of BP.
I come to you hat-in-hand, looking for the collective expertise I've come to enjoy here.
I work for a portfolio lender as their point person for construction loans, and now I'm trying to grow the division. I'm struggling to generate extra lead flow from builders, mostly because it's so difficult to identify folks that are doing ground up, business purpose construction.
If anyone has any experience or success with this, I would greatly appreciate your input.
Cheers,
Marshall
- Lender
- Charleston, SC
- 290
- Votes |
- 399
- Posts
This is anecdotal, but I come across of ton of GCs looking for spec-build financing in local meetups and networking groups, such as on facebook on in person meetups.
- Lender
- Charleston, SC
- 290
- Votes |
- 399
- Posts
Quote from @Marshall Robins:
Yeah, most cities/areas have a dedicated FB group like "XXX area real estate investors group" or whatever. I would think that local chapters of builder's associations would be a good spot as well. Networking with luxury RE brokerages will probably fast track you as well.