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Updated about 18 hours ago on . Most recent reply

User Stats

43
Posts
8
Votes
Stan J.
8
Votes |
43
Posts

Looking for a lender for new development

Stan J.
Posted

I'm trying to build 2-4 units and live in one of them. Here are some questions. If you think you're able to assist with these concerns, feel free to message me.

- Is it possible to use projected rents when planning to owner occupancy?
- Is it possible to get financing for 100% of construction costs? I can pay for the land, but can't do much on the remaining
- Are we able to get more leverage when building a multi-unit vs a SFH? For example, I could be approved for $300k to build a SFH, but the approval amount would be higher for building 3 units?

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