Construction Loan for Contractor

4 Replies

Hi BP community,

I am helping out a friend who is a GC find financing for an investment property in North Carolina. He works mainly out of Florida, but has recently purchased about an acre and a quarter lot to build a home and sell it (he has another property that he purchased and is currently rehabbing and will be keeping it for himself as a Vaca home). He owns the land outright, and is looking for a construction loan. Would love to be provided with recommendations for construction loan providers or suggestions on other forms of financing.

Thank you,

Ariel