What are my best loan options for a ground up project in Boca Raton Florida?
My name is Nabil Kebir, and I would like to develop a ground up residential project in Boca Raton, Florida, in a desirable neighborhood. I have done 3 projects so far overseas, yet nothing yet in the US. I would like to see if I have any loans options to go ahead with project. By the way, the tear down home I would like to purchase is listed for $750000, construction cost for 4000 sq ft will be around $800000 and I will list the new house at $ 2400000 ( as per comps). I hope to get in touch with you and discuss my options. Thank you
Thanks for your question. Allison is no longer with FSB. Many private and hard money lenders offer help with international projects. Here are some articles with lists of lenders you can contact to see if they can help you.