Where does an Owner Builder in MN seeking construction funding go
Our next real estate investment is our own house we're build on land we own in MN using Landmark Home & Land company that provides full service support to owner builders with their kits from design to permitting to completion. We're trying to figure out financing for owner builder for $600k and looking for any suggestions or referrals. The deal comes with a MAJOR equity position upon completion, (After build value over $1M), stable high income earner with 800 credit score and full docs. I work in Commercial remodel field, around construction all day, have managed hundreds of employees at a time and managing the subs of my own home build does not scare me at all. Have consultants to assist but just looking for a financing solution through the build portion that upon completion the loan would be rolled into a traditional 30 yr mortgage or VA loan. Already pre-qualified for traditional construction loan but would have to use GC but we really want to do owner builder. Any lending referrals?