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Updated over 9 years ago,
Construction and Land Lenders in South Florida
Hello all,
I am looking for good contacts for land loans and/or construction loans. I am looking at purchasing singly family lots (most have knock-down homes on them) in A+ locations for luxury singly family development.
I know there are hard money lenders out there, but I am looking to connect with banks or individuals who can offer more competitive rates. I plan on keeping fairly low leverage to make the loans secure- 50% or so loan to cost. The rest of the capital would come from equity. I would love warm intros to the right people.
We are looking in Miami, Fort Lauderdale, Boca Raton, and other sub-markets in South Florida.
Thanks.