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
Tags:
so, you need a construction loan - or a land bridge. do you have any other collateral ? call me with the details
Jerry Starr
561-318-3104
Hello Paul,
I'm direct to a lender that work very creative for construction loans. If you have not secured funding for these projects please contact me at stephen.l.mitchell@gmail.com
Tbanks
Send me a executive summary of the with your phone number to samcthomas45@gmail.com
Paul,
My company can handle the 3 projects you are proposing.
Please reply to me at irving@legacycommercialcapital.com or
call 850-543-7228 to discuss how we can proceed in this endeavor.
Irving Allen
Paul, if you don't mind working with a bunch of war veterans we would be happy to help you with this project. Maybe we can help, please give us a chance. Hope to hear from you.
Reggie Truss/telconerd@hotmail.com
How can we move forward? Thanks.
Kearsedge Boston is a private equity trust seeking investors, capital partners and credit facilities. If you can help us obtain a loan, that would be very helpful. Thank you, Perry
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