Spec Construction Loans
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What is a spec construction loan?

Banks aren’t lending as much as they used to, especially for construction loans for rehab real estate projects. House flipping is a speculative business – hence the term “spec construction loan”.

There are private money funds that do lend to real estate investors for speculative investment purposes.

Beau Eckstein’s hard money fund lends to real estate investors who need money for either acquiring rehab projects or for funding construction on existing dwellings.

For more information about this and other hard money matters, visit

http://reiloanpro.com

or call him at 925-852-8261

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