Financing a New Build

[Tucker Cummings]

I’m looking at property that would probably be best torn down and I’m wondering what the financing process looks like for a new build.

Let's say I want to tear down a SFR then build a small Multifamily on it. Are their bank or credit union options typically available for something like that? If so, what are they?

Am I even asking the right question? How do others go about financing something like this?