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Updated 4 months ago, 08/31/2024

User Stats

4
Posts
1
Votes
Quentin RCollins
  • Realtor
  • Huntsville, AL
1
Votes |
4
Posts

Looking for some advice on new build creative financing.

Quentin RCollins
  • Realtor
  • Huntsville, AL
Posted

I’ve purchased some land and want to do a new build on the land. I’ve received some very favorable estimates in cost and timeline for the plans I had created. 

I’m a realtor and have completed a CRM on final build so based on a Comparative Market Analysis I would have instant equity upon completion of the build and could sell or refinance. 

I’m planning on selling the property and rolling the equity into another project. I’d be willing to bring in a private investor and negotiate lending terms

The ask: Based on the above scenario, has anyone done this before and what was the best method you found to fund the build?

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