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demjac12
This would be my first condo development project and i dont know where to start for the loan, its going to cost abot 1.1 million to get the project completed and generate about 1.7 gross sales i need to know how much will i need to put in to get the deal funded
LeaW
Hello,

My lenders can do 90% on this type of deal: maybe 100%, but either way strong credit is a must.

Commercial LO

The amount down wil be determined in large par by the borrowers personal financial sstrength and pre-sales. You can get as high as 100% LTC not to exceed 75% LTV of the completed project with firm pre-sales 1:1 on the cost.
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