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Updated over 3 years ago,
New Construction Duplexes
I want to build 6 duplex buildings in the city where I live and rent out the units. I have contacted several hard money lenders, and one of their requirements for a construction loan is for me to have completed three deals. How can I obtain financing for my first deal if I must have credibility of doing at least three. What creative options do I have to obtain a loan?