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Updated over 1 year ago on . Most recent reply

Richard Miller's profile image
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Richard Miller
  • Member since May 21, 2019
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13
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Richard Miller's profile image
Richard Miller's profile image
Richard Miller
  • Member since May 21, 2019
Connect
Richard Miller
6
Votes |
13
Posts
General Real Estate Investing

Construction Loan to sell or buy and hold

Richard Miller
Posted

Anyone have knowledge on construction loans? I think I have an idea of how they work, but not sure exactly what they would cover. I have been thinking of purchasing a lot, getting a construction loan and then selling the house or holding and renting if numbers make sense. In what order would I go in? Example: purchase lot, approved for construction loan, find a contractor.....

Thank you in advance for any advice.

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