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Updated over 1 year ago on . Most recent reply

User Stats

52
Posts
32
Votes
Erik E.
  • Rental Property Investor
  • Orlando FL /Cleveland OH/Detroit MI
32
Votes |
52
Posts

New Construction in Florida

Erik E.
  • Rental Property Investor
  • Orlando FL /Cleveland OH/Detroit MI
Posted

Currently learning new construction by just applying action. Close on the land on the 17th.

Very NERVOUS but I do have a builder who is holding my hand in the process.

Not even sure the land was right to purchase but hey everything new build in the area goes under contract within 3-4 weeks. So between me knowing its not in a flood zone & I can build a ADU (learning zoning), & investors building figured I'll be ok. Looking to learn from the investors/developers how do you choose your vacant lots to build on? Also I'm financing all my cost to the pad. What lender can give me 100% construction cost, great draws, with low points. I have the credit & experience with my builder assisting me.

Most Popular Reply

User Stats

12
Posts
9
Votes
Joseph Amin
  • Real Estate Agent
  • Cape Coral
9
Votes |
12
Posts
Joseph Amin
  • Real Estate Agent
  • Cape Coral
Replied

@Erik E.

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