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$9,625,000 Residential Ground Up Construction Loan

No upfront fees

No tax returns

No income verification

Financed 75% of purchase price + 100% of construction budget to 75% ARV

25 Duplexes

8.25% Fixed

Interest only

No prepayment penalty

18 months with extensionsN

In House Loan Servicing and Draws

Exit strategy: refinance with ;permanent 30 year fixed loan

Funded in 4 weeks 


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