Financing a multifamily construction

[Jay Mattia]

I have a piece of land that I own that I want to build on in Naples, Maine. Zoning allows “any” residential build as it is in the “Residential Growth” zone. This piece is technically three lots of a total .44 acres. The two side lots are buildable, so my thought is to combine the three into two larger. I’m thinking two/three “tiny homes” or park home model rvs on one of them. ... Here is the financing question. If I build this as a primary residence where the plan is to live in one of the units, do the three “tiny home units” have to be connected (wall to wall) or can they be three truly separate units on one lot? Im really trying to achieve the best financing of either option by putting 3 park home rv models on the lot or building 3 small stick built units if the financing makes more sense.