I am currently working on 3 projects.  I need funding.  ALL land is owned in New Jersey.

 

1.  18 townhome development:  $5M.   All site approvals in place.

 

2.  3 single family new development project:  $500K

 

Have builder and home manufacturer already.  

 

3.  I have also been offered a seat at the table in a major urban area to build on their 300-400 vacant lots for low income families.  I am now looking for a partner in funding.  They believe this is a 5-7 year deal.  If this is doable, there are other townships who will be very interested in this concept.  I need to do #1 and 2 as proof. 

 

The loan for my 2 projects will need to asset based.  My credit has taken a dip (600) due to high DTI.

 

This is a win-win-win scenario as they will buy the houses at market rate and sell.  

 

If any of this is possible, please advise.  Thanks, Paul

Views: 1072

Attachments:

Reply to This

Replies to This Discussion

Did you rec funding? sabbathenterprise@gmail.com

no... too many gamers.

 

Hi Paul, would like to talk to you our Direct Lenders my have a loan program to fit your needs. Please email me and or call my cell # thank you Jack.

Jack Taromino

 Business Development Specialist

 Oxford Capital

 The Powers Building

 16 West Main St., Suite 231

 Rochester, New York 14614

 E-mail jtaromino@oxfordcapitalmortgage.com

 www.oxfordcapitalmortgage.com

 Office- 888-863-2375

 Cell # -585-286-8720

Hi Paul, is the deal in New Jersey in East Orange, NJ ? please let me know my manager is asking?

Bridgeton, NJ

We are working with several downtown development projects.Like to see if we can help.

jamesccflynn@yahoo.com

770-956-9576

Jim Flynn

RSS

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service