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All About Tough Money Loans For New Construction
All About Tough Money Loans For New Construction New construction loans for experienced investors. For experienced investors and contractors, ABL’s difficult cash loans for brand new construction offer immediate access to leverage and underwriting flexibility perhaps perhaps maybe not available from mainstream funding. While all discounts are unique, ABL typically lends as much as 60percent of this land value and 100% associated with the construction costs. Plus, for construction escrows over $100k, the debtor just will pay interest on funds as they’re drawn.