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Updated over 6 years ago,
Antwain PetersonPoster
- Real Estate Investor, Hospitality Management
- Graniteville, SC
- 3
- Votes |
- 16
- Posts
Financing new construction development
Hello all!
Myself and my partners bought some contiguous lots. We have a concept plan to develop 16 Charleston style single family homes and one triplex. We will need to re zone the lots and get the land ready to build. At what point do we start talking with the bank for a construction loan or line of credit and what will the bank be looking for from us? Any help would be greatly appreciated.