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Hard Money Construction Loans in San Francisco, California

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Seller: Connie
Date/Time:05 Nov, 01:29 p.m. EST
Type: Financial, For Sale - Private.

Ground Up Construction Loan Parameters:
? 30% cash into the transaction (if there is a seller carry on the land, the borrower will still need to come in with 20% cash)
? LTV for 12 month note
?Extensive rehab experience and /or new home building. No first timers.
? Cash reserves of 10% on the cost of construction
? Cost based on the following Formula = land cost + soft cost (architect, permits) + hard construction costs (must include 10% contingency) + 9 months pre-paid interest
? Must have an executed contract with a contractor reflecting the hard cost prior to close
We fund in California in 14 ? 30 Days ? Best Rates ? Direct in-house funding
Email me your request with your contact info and let?s get started!

State: California  City: San Francisco  Category: Financial
Financial in California for sale

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