Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

22
Posts
2
Votes
Robert Lumerman
2
Votes |
22
Posts

FINANCE FOR NEW CONSTRUCTION

Robert Lumerman
Posted

Hello,

I recently purchased a small cabin on a 5 acre parcel. I would like to build a small house on the land.

does anyone have any advise on how to secure funding?

thanks

Most Popular Reply

User Stats

241
Posts
136
Votes
Jarrod Covey
  • Lender
  • Austin, TX
136
Votes |
241
Posts
Jarrod Covey
  • Lender
  • Austin, TX
Replied
Quote from @Robert Lumerman:

Hello,

I recently purchased a small cabin on a 5 acre parcel. I would like to build a small house on the land.

does anyone have any advise on how to secure funding?

thanks


 I'd recommend searching for asset based lenders. If you already own the land, asset based lender can credit you for the equity you have in the property and make your cash to close nominal 

Loading replies...