From $9.95


Statistics

Users
Total: 26,798
Visited Last 30 days: 95
Forum Messages
Total: 20,467
Last 30 days: 1
Forum Evaluations
Total: 24,012
Last 30 days: 0
Journal Entries
Total: 4,705
Last 30 days: 12
Connections
Total: 14,874
Last 30 days: 4
Downloads
Total: 72,267

Journals

Name
Mutton-Busting Nashville, TN
1,897 Visits | 57 Posts | 94 Pix | 0 Videos
wumifoso
25 Visits | 1 Posts | 1 Pix | 0 Videos
Tanglewood Colorado Springs, CO
96,389 Visits | 819 Posts | 2,272 Pix | 42 Videos
insulation4us Wilmington, DE
70 Visits | 1 Posts | 4 Pix | 2 Videos
insulation4less Folkestone, AL
86 Visits | 1 Posts | 3 Pix | 0 Videos
697-Marlin-Near-Aust... Austin/McDade, TX
2,559 Visits | 39 Posts | 262 Pix | 0 Videos
eModernDecor South El Monte, CA
125 Visits | 1 Posts | 5 Pix | 4 Videos
Insulationstop Latham, NY
108 Visits | 1 Posts | 1 Pix | 0 Videos
Our-Forever-House Omaha, NE
316 Visits | 2 Posts | 0 Pix | 0 Videos
TheHoskensProject Dome-ville, central, FL
61,187 Visits | 159 Posts | 472 Pix | 3 Videos
NorthPoleHome North Pole, AK
33,401 Visits | 35 Posts | 140 Pix | 0 Videos
Homestead-II--Our-Ne... smithville, MO
280 Visits | 1 Posts | 0 Pix | 0 Videos
The-Last-Rodeo Angel Fire, NM
11,670 Visits | 29 Posts | 10 Pix | 0 Videos
Larnerd-House Chenango Forks, NY
2,165 Visits | 2 Posts | 2 Pix | 0 Videos
HudsonHouse Omaha, NE
8,420 Visits | 4 Posts | 0 Pix | 0 Videos
Seven-Peaks-Faswall-... Graeagle, CA
37,871 Visits | 50 Posts | 320 Pix | 1 Videos
Barrel-Race Houston, TX
9,115 Visits | 86 Posts | 175 Pix | 0 Videos
Cobbler-Mountain-Hom... Alexandria, VA
1,543 Visits | 1 Posts | 0 Pix | 0 Videos
Vilano-Beach--Water-... Saint Augustine, FL
23,071 Visits | 39 Posts | 118 Pix | 0 Videos
1860s-Texas-rehabnew... Boerne, TX
45,529 Visits | 44 Posts | 191 Pix | 0 Videos
See all journals...

Current Top-Rated Posters

RatingPosts

We are owner-building to have the chance to build exactly what we are looking for and have control of the process.
Amy in Elma, NY

Forums Home  >>  Craig
California  >  Need a construction loan

Craig's Forum Posts: 1
Journal Entries: 50
Interview Answers: 81

Private Message


Image from Craig's blog

Log-in to vote!

By Craig in Graeagle, CA on 5/30/2012

We have our project (Seven Peaks ICF) about two-thirds done but have run out of money, and after five years of work, getting motivated to get it done. Our current plan is to find private money and take a 6-month construction loan, then refinance to permanent so as to take advantage of the low interest rates. The only source of money we have is easyconstructionloan.com. Will be starting the process next week as I have not yet found any horror stories about these guys and am hoping for the best. Also working with a mortgage broker for the refi. So, these guys are expensive. Three points and a processing fee right up front and 9%-11% interest on money that has been drawn. Hence the need to be prepared to pull the trigger on the refi.

If anyone has experience with these guys or other private money, I'd love to hear of any pitfalls you may have experienced, and your guidance.


Copyright 1997-2015 Consensus Group Inc.