Ground Up Construction
Best For
Investors who have previously purchased land which is a permitted building lot(s) for ground-up construction of 1–8-unit non-owner occupied properties looking for non-bank financing
Closing Times
Typically 10-15 business days Interest as drawn for construction >$100,000.
Loan Criteria
Purchase: Rebate up to 70%
Term: 12-18 Months
FICO: > 680
ARV: 70%
Construction Financing: 100% No LTC Restrictions
Loan Amounts: $50k - $2mm
Available States: AL, CO, CT, DE, FL, GA, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI (Limited), MN (Limited), MO, MS, MT, NC, NH, NJ, NM, NY, OH (Limited), OR (Limited), PA, RI, SC, TN, TX, UT (Limited), VA, WA, WI, WV
CA: Limited to a licensed real estate broker