Construction Loan with GC Experience, but None With New LLC

[Juan Robles]

Hi All,

I'm looking for financing for SFR construction on land I have purchased with city plan check approval imminent as the owner-builder. I have worked for a general contractor for 5 years, performing work on lucrative projects, and now am looking to continue the journey on my own. Some lenders I have talked to have asked me to bring on another general contractor to partner with for approval since they want to see experience within the LLC, but profit margins would not be as great going in this direction. So I'm looking for private money lenders that would be more lenient in builder requirements.

I have a great resume that will speak for my experience, and I’m just looking for someone to help with funding so I can pull the trigger in the coming months.

Any help would be greatly appreciated! JR