Investing in real estate is a great way to build long-term wealth. But unless you buy a turnkey property, it usually involves some transitional work, such as renovation or construction. Fortunately, you can finance capital-intensive construction projects with...
For any value-add fix-and-flip or new build construction project, you’ll live and die by your draw schedule. Managing and monitoring cash flow is as important as the actual construction, and a well-managed and maintained (and realistic) draw schedule goes a long way...
TX New Construction Featured Deal in Northeast Houston, Texas Seth Blumenthal, one of Asset Based Lending’s leading loan officers, recently closed a ground up new construction loan for a 4-unit townhome development in Northeast Houston, Texas. This deal was brought to...
New Construction Featured Deal in Franklin Lakes, New Jerset Kevin Mohollen, one of Asset Based Lending’s Loan Officers for New Jersey, New York and Connecticut, recently funded a land purchase and single-family new construction deal in Franklin Lakes New Jersey....
In recent weeks, there has been a noticeable decline in mortgage rates. However, the housing sector faced a setback with a peak near 8% last month, negatively affecting new home sales, according to the latest findings from the Commerce Department. The stats reveal a...
New Construction Featured Deal in Nashville, Tennessee Greg Dietz, Asset Based Lending’s Vice President of Lending in Tennessee, recently closed a cash out and new construction loan in Nashville Tennessee. Greg worked with a new borrower and experienced real estate...
Investing in real estate is a great way to build… Read more: Residential Transition Loans (RTL Loans)
