Seeking $250,000 short term loan @ 12% annual interest, accrued monthly.
Funding is for a new construction home build in the Tulsa, Oklahoma area. My father and I have been in construction for over 15 years. We have an active project going with a traditional bank. Seeking funding to get more projects going on a stagger.
- Budget sheet
- Floor plan
- Notarized promissory note
- Comps list of location of build
Interest only payments monthly. Principal payoff upon sale of the house. In the event of the sale taking longer than expected due to the market and or unforeseen circumstances, we will refinance it through a traditional bank as a hold to pay the loan off.
If interested or have any questions or concerns, please reach out to email@example.com