Congressional Capital, LLC’s Post

Licensed General Contractors in California seeking Debt Lenders & Investors for Affordable Housing Projects in Los Angeles. With entitlements approved, these projects utilize Modular construction Technology for rapid completion within 12 months. Land acquisition costs $3.5M for 60 units and $4.5M for 90 units. Seeking $40M funding for land acquisition and construction. No payments for 2.5 yrs for Land and 1.5 yrs for construction. Projected returns: 8% Cash on Cash and 15% IRR. #InvestmentOpportunity #AffordableHousing #ConstructionIndustry

Ground up construction can be a challenging task. But Lending Mark Capital has the resources to get it done in due time. If you’re a land developer that’s in need of private funding for your RE project, shoot me a message so that we can have a discussion. #realestate #construction #privatecapital #landdeveloper

Financing #modularconstruction differs significantly from traditional #construction and requires understanding how lenders view this construction type. The loan approval process, interest rates, and disbursement of funds may differ, and Dean Dalvit breaks everything down – with case studies! – here: https://lnkd.in/gxTqhFQ2

Bad data in construction lending can be more than just a minor annoyance. It can cost you time, money, and even damage your reputation. https://hubs.ly/Q02v3Ng40

Just funded a $486,000 #newconstructionloan of a duplex in Little River, South Carolina. We funded 100% of construction and 90% of the total project cost (land + vertical). This was a repeat borrower so we closed the loan in just 14 days. Once you get approved with us one time, you have access to virtually unlimited funding to scale up home building production as it's just a matter of getting an appraisal for each project going forward. Delays are the biggest killers of profit in #homebuilding, don't let financing be one of them. If you're looking for a reliable construction financing partner where you can be confident knowing exactly what you're getting on each loan shoot me a DM to see if we might be a good fit for each other. #newconstruction #constructionloan #realestatedevelopment #spechome

The best thing about private funding is how much more flexibility it can offer. Especially for construction projects, where overhead can be high, access to a more relaxed draw process can keep you afloat! Private lenders like to look at the possibilities and prospects of a proposal, not just the bottom line. #PrivateFunding #PrivateLending #ConstructionProject

🏗️ Thinking about building or renovating? A construction loan could be the perfect fit! 🔑 Key benefits: 1️⃣ Pay only the interest (not the principal) during construction. 2️⃣ Use it for major renovations – not just new builds. 3️⃣ Lenders require plans and contracts, which helps you stay on budget and on track. Planning a big project? Let’s chat about how a construction loan can help! The Finance Family Pty Ltd ABN 81 618 586 691 is a credit representative #489536 under Australian Credit Licence #389328. Any advice given is general in nature and does not consider your personal financial needs and objectives. #ConstructionLoan #FinanceFamily #HomeRenovation #SmartFinancing

📢 Housing Highlight from the 2024 Fall Economic Statement. To make it easier for builders to build, the government has amended the Apartment Construction Loan Program by accelerating $2 billion in low-cost financing to ensure builders can access this financing sooner. Read the full report: https://lnkd.in/eNb7cuT9

How To Navigate Zoning Laws With Construction Loans: Building your dream home is an exciting journey, but it's challenging. One of the most significant obstacles homeowners face is navigating local zoning laws. These regulations dictate what can be built, where, and how, making them crucial to any construction project. Fortunately, construction loans can provide the financial flexibility and support needed to comply with The post How To Navigate Zoning Laws With Construction Loans appeared first on ED CURRIE. http://dlvr.it/TCv8zp

Specialist capital advisory firm Arc & Co. has recently completed a new development loan with Quantum Development Finance for a scheme in Cambridgeshire. Tom Berry, Director at Arc & Co., has secured a loan of £4.76 million for the development of eight houses, including several barn conversions, one of which is grade-listed property. The funds from Quantum are assisting with the land purchase and covering all costs associated with the build. The site was originally owned by a local farmer who was looking to sell the site with planning to the client, a Cambridge-based developer. All parties had to navigate a complex overage agreement, multiple plot titles, and a lease agreement. Despite the complexities, the case was delivered at 65% LTGDV by Quantum and Arc & Co. The developer has now begun construction and will be looking to achieve practical completion by 2026. https://lnkd.in/eyUdwHBm