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Updated over 9 years ago on . Most recent reply
Need funding for New construction projects
We have access to several vacant lots where we will build new construction SFRs. We are looking for hard or private money with reasonable terms to fund these projects.
I have networked with a mortgage broker that already has buyers for these homes, but there is no or not enough inventory in Tampa. The city of Tampa will give down payment assistance to buyers, but again there are not enough homes for these buyers.
I have teamed up with a contractor that is well connected and well respected. He has mentored me for the past two years and we have been sourcing small sums of private money, but we would like to move a little quicker. The goal is to build 10+ homes in the next year.
Please let me know what is out there.