All Forum Posts by: Roman Ven

Hi Kelly, what bank did you use for commercial construction loan?

Thank you!

Thanks @Patricia Baxter

Margate

Hello, I'm looking for GC/builder in South Jersey for a new residential construction.  Any leads are appreciated. Thanks

Great job! One question though - your HML rate must have been only about 4%?

@Account Closed, can you please accept my collegue request, I'm trying to send you a private message about the deal in SJ and would like your advice. Thanks

Hi Gary, 

Just sent you a PM.

Thanks Andrew I will reach out to him!

So far I was not successful in finding any local banks financing spec constructions..

Builders who work in that area mostly have private financing or their own funds, a few approached me with joint venture offers but that means splitting profits in the end

Hi BP!

I own the lot in South Jersey free and clear and would like to build two units on it for sale. No experience with construction but would team up with one of the local builders.

Have not found any local banks yet that finance this kind of construction and hard money lenders charge a pretty high interest rate.. 

Can anyone recommend good construction loan brokers or lenders?

Thanks!