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
Did you rec funding? email@example.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.
Business Development Specialist
The Powers Building
16 West Main St., Suite 231
Rochester, New York 14614
Cell # -585-286-8720
Hi Paul, is the deal in New Jersey in East Orange, NJ ? please let me know my manager is asking?
We are working with several downtown development projects.Like to see if we can help.