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Updated over 8 years ago on . Most recent reply

User Stats

467
Posts
57
Votes
Devon Garbus
  • Real Estate Agent
  • Tampa, FL
57
Votes |
467
Posts

Financing Spec Construction in Florida (Tampa)

Devon Garbus
  • Real Estate Agent
  • Tampa, FL
Posted

Hi BP!

My clients are having trouble securing Spec construction funding, and the ones that have received it want more...

I'd love to speak with investment groups or banks with good construction funding (and possibly some references/success stories) in Tampa.
Many of you have probably seen the projects I post for sale under Marketplace, I'd love to have a 'funding' advertisement to take to the builders I speak with. If you can reliably fund those types of projects I can get you builders who will take that loan.
Currently we are getting the run around and empty promises from relatively unknown companies, and we'd prefer to take JV or construction interest rates rather than hard money.

Cash access lines would be a plus, but normal funding on draws during construction is great.

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