How to finance new construction?

[Aubrey H.]

We are looking at developing a city block into several MF units (per city codes). We are looking at way as to finance this new project. What have you found as the best financing for new construction of investment properties?

[Bob Green]

Hello Aubrey,

I understand loan amount and what the appraised value is but what amount are you acquiring the land for? - Additionally what is the cost to build and the after completion value?