$9,625,000 Ground-Up 25 Townhouse Construction Loan
No upfront fees
No tax returns
No income verification
Financed 75% of purchase price + 100% of construction budget to 75% ARV
9.25% Interest only on paid balance
No prepayment penalty
18 months
Fast loan servicing and draws
Exit strategy: refinanced with permanent 30 DSCR year 7.25% fixed
Construction funded in 4 weeks