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Private Lending & Conventional Mortgage Advice

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Charles Huang
  • brooklyn, NY
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How should do construct this loan?

Charles Huang
  • brooklyn, NY
Posted Aug 28 2016, 10:06
Hi , I am buying a one family home, and would like to rebuild it from scratch, home is around 700k , rebuilding might cost 400k , I have enough 20% down payment and my dti ratios allows me at 800k conventional, Whats the best should I should do for this home? This is for my own use. Should I consider hard money for construction? Thanks