Hard money lender & real estate investor Beau Eckstein talks about builder private money loans in this installment.
What is a builder private money loan?
Beau informs us that real estate builders rely on private money lenders for construction funds. There is a huge demand for construction projects, but banks are unlikely to fund real estate construction projects due to their risk. Banks hate risk!
But that’s what private money lenders are for! They fund riskier construction projects because they can. Private money lenders will charge builders higher fees (rates, points, part of the profit), of course, but the deals will get done.
Listen in as Beau Eckstein talks about private money loans for builders and how to contact his office.
For more builder private money loan information, visit
http://reiloanpro.com or call expert real estate investor Beau Eckstein at 925-852-8261.
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