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The rates on this type of loan are higher than rates on permanent mortgage loans. To gain approval, the lender will need to see a construction timetable, detailed plans and a realistic budget.
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America First Multifamily Investors, L.P. Reports 15.6% increase in Year to Date 2018 Revenues – In December 2018, two multifamily projects were sold by their respective managing members and ATAX’s loan and equity investments were repaid. The details of the sales are as follows: Vantage at New.
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