Step Comm equity loan?

[John Cash]

I am currently looking into building some rental properties on a piece of land as an ownerbuilder. I would have cash on hand to aquire the land and build a unit or two. Then to continue construction I would need some kind of equity loan or related product to draw the equity out of constructed cash flowing units to build more units.

I do not think a conventional construction loan would be feasible for a owner built project, so I assume I will need something different?

any ideas into the feasibility of this?

I am very early in the considerations, so I am not looking for offers, just ideas.

I am assuming that since it would likely be a commercial type product the loan would be based on cashflow CAP rates etc rather then my actual materials outlays?