“There is a strong need for capital for many projects that banks cannot fulfill,” says
About
Lodgepole Fund No. 1, LLC has been providing construction and development loans to builders and developers in
Why
“
What makes
When asked what happens when real estate values go down,
“By keeping loan LTV’s low and loan terms short, we are able to follow the market fluctuations up, as well as down, eliminating long term market risk. Also, with appraisal and loan underwriting as strict as they are now, it would be highly unlikely to experience the level of foreclosures that occurred in the past, which would make a market drop of 35% in one year highly unlikely. ” As an extra precaution,
How do you apply for a loan or invest in Lodgepole fund?
“To apply for a loan you can call
Asked how an individual could invest in
“If you would like to invest in the Fund please contact me and I can put you on our list of potential investors. We can only accept accredited investors though,” advises
Contact:
John W. Simonse
Phone: 925-603-0433
Email: 155191@email4pr.com
Ashley Nelson
Phone: 925-603-0433
Email: 155191@email4pr.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/banks-cannot-fulfill-capital-needs-for-many-construction-and-development-projects–concludes-john-simonse-president-of-lhjs-investments-llc-and-managing-member-of-lodgepole-fund-no-1-llc-300440684.html
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