Developer · Naples, FL · Member since 2021 · 20 posts · 9 votes
Hello!
I have 4 residential lots under contract in gated community in SW FL with 2-3 weeks to close and need advice on how to secure a loan for land or land/construction. Will build spec or custom homes to sell. Advice will be kindly appreciated.
Either use a local bank or credit union for the lot purchases or sell the lot as part of the construction package and get the buyers to pay for the lot through their construction to perm financing.
Either use a local bank or credit union for the lot purchases or sell the lot as part of the construction package and get the buyers to pay for the lot through their construction to perm financing.