Construction Loan, Queens NY, 70LTC

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stoneloren

78 Posts

Posted - 05/30/2008 : 11:57:31 AM

I had this in with a lender and they denied it only because the borrower does not have experience with construction. The borrower does have plenty of experience in operating the property and has others just like it. Construction has already started and the borrower has done everything in cash to date so the property is free and clear. Looking for direct lender or bank.

Thanks

dkny

198 Posts

Posted - 05/30/2008 : 4:08:48 PM

Not a lender but I'm in Queens,NY and may be able to help.
Please call to discuss.

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