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Updated about 1 year ago on . Most recent reply

User Stats

2
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Isaiah Montoya
  • Lender
  • Texas
1
Votes |
2
Posts

Group Up Construction Multifamily

Isaiah Montoya
  • Lender
  • Texas
Posted

Good afternoon Everyone,

In short does anyone have any good resources/books/etc regarding managing and planning a new construction build. I intend to hire everything out through a builder or GC. My timeframe is about 1-2 years more of saving before I buy. Any advice is more than welcomed.

A little about me, I am Active Duty and have used the VA Loan to househack my current residence. It is new construction, and I am extremely satisfied with how things have turned out. I will be moving stations in a few months and my plan is to continue to save up to use my VA Construction Loan to build a multi-unit property, in theory will be less costly than buying an already built property.

I understand this is a big undertaking, so I am taking the year to read up, save up, and have a good plan going into 2025. I believe that I can more than beat the 1% rule with a multiunit ground up construction in the possible cities I will live next. Thank you in advance.

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