Updated over 3 years ago on . Most recent reply
Financing new construction projects
Any recommendations on the best way to finance new construction projects quickly? I occasionally sell land deals to investors who build new construction and we do 14 day closings. It seems like the best option for them is to acquire the land cash and then finance the construction. Because of potentially long time frames of creating plans, getting them approved, surveys, etc this can be difficult to find. Are there lenders out there who can finance land deals without plans and surveys and close in 14 days? Is this even feasible? Thanks in advance!