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Updated almost 3 years ago on . Most recent reply

User Stats

15
Posts
7
Votes
Meredith Von Kleydorff
  • Real Estate Agent
  • Atlanta, GA
7
Votes |
15
Posts

Financing new construction projects

Meredith Von Kleydorff
  • Real Estate Agent
  • Atlanta, GA
Posted

Any recommendations on the best way to finance new construction projects quickly? I occasionally sell land deals to investors who build new construction and we do 14 day closings. It seems like the best option for them is to acquire the land cash and then finance the construction. Because of potentially long time frames of creating plans, getting them approved, surveys, etc this can be difficult to find. Are there lenders out there who can finance land deals without plans and surveys and close in 14 days? Is this even feasible? Thanks in advance!

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