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Updated 4 months ago on . Most recent reply

User Stats

10
Posts
5
Votes
James Jeffery
  • Real Estate Consultant
  • Reston, VA
5
Votes |
10
Posts

Looking for a new construction lender in Norfolk, bayfront

James Jeffery
  • Real Estate Consultant
  • Reston, VA
Posted

Hi,  I am looking for a lender to refinance a land development deal . Looking for a loan of 1.5M to complete the project which will then be a mid term rental and AIRBNB with an estimated value based on cash flow of 3M.  Current debt is about 650K. New build will be 5,000 sq feet elevatored building of four units right on the beach and ideal for weddings, airbnb and corporate events.

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