When the Bank Says No: Understanding Private Money Lending for Construction & Real Estate
Access to capital can be critical to getting a construction or real estate project off the ground. But when traditional financing doesn't fit the project, what other options are available?
Join Efrain F. Rojas for an educational look at private money lending and how it can be used for construction projects, fix-and-flips, bridge financing, owner-builder projects, and other real estate opportunities.
Efrain will walk through real-world examples of private loans and discuss how these transactions are structured, including loan terms, collateral, loan-to-value ratios, draws, repayment, and the role of the private lender. He will also address common questions from both borrowers and investors.
If you're a builder, remodeler, contractor, real estate professional, or investor, or you just want to learn more and be informed, this is an opportunity to better understand another financing tool that may be available for qualifying projects.
The Business Referral Exchange (BRE) meets on the 1st Tuesday of each month for the purpose of: networking, relationship building, lead generation and sharing business with fellow SAHBA members. Open to members. Prospective members are also welcome. Contact steve@sahba.org for details.
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