I want to build a triplex on my land with financing.

[Miyoung Smith]

Hi. Guys

I couldn't sleep last night to tried to figure How can I build a triplex.

Here is My story 

I purchased a 3 story house 1300 sqft on 2800 sqft lot "PLUS" another 2800 sqft empty lot

next to the house.

Yes, It has 2 addresses.

I paid cash so I do have equity

Plus have some little bit cash left over & income and credit.

Is there anyway I can make this happen?

like use building company's finance to start and get a mortgage to pay it off when it's 

done?

Please help me anybody!! 

Happy Thanksgiving!!

[Karen Margrave]

@Miyoung Smith no, we don't do financing. I'd suggest you contact the contractor that built the apartment building behind your property, as they are familiar with all the details that are involved with developing in that neighborhood. Maybe you can hire them to do a build to suit for you. Be sure to get a few different bids that include the design, and construction of the project, and that what is being bid is of equal quality, size, etc. so that you're comparing apples to apples. 

If you own the land free and clear, that will go a long way towards getting your construction financing. Good luck!