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Updated about 5 hours ago, 12/20/2024

User Stats

20
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11
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Marshall Robins
11
Votes |
20
Posts

Construction Lenders - Some Basic Questions

Marshall Robins
Posted

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

User Stats

399
Posts
290
Votes
Patrick Roberts
Pro Member
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Charleston, SC
290
Votes |
399
Posts
Patrick Roberts
Pro Member
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Charleston, SC
Replied

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. 

  • Patrick Roberts
  • User Stats

    20
    Posts
    11
    Votes
    Marshall Robins
    11
    Votes |
    20
    Posts
    Marshall Robins
    Replied
    Definitely makes sense - I haven't been on any Meta platforms for years but it might be time to dive back in.
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    User Stats

    399
    Posts
    290
    Votes
    Patrick Roberts
    Pro Member
    #1 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Charleston, SC
    290
    Votes |
    399
    Posts
    Patrick Roberts
    Pro Member
    #1 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Charleston, SC
    Replied
    Quote from @Marshall Robins:
    Definitely makes sense - I haven't been on any Meta platforms for years but it might be time to dive back in.

     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. 

  • Patrick Roberts