Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago on . Most recent reply

Ground-up construction loan for SFH (w/ "campground" zoning)
I am writing a biz plan for a "glampground" in an area that requires me to first rezone to be considered a "campground". Would like to build:
--- single family home on the site that I will use part of the time as a vacation home, but rent out while I'm not there (would like to use a DTI-based construction loan to fund this)
--- multiple studio cabin units for guests around the property that will be rented year-round (think tiny a-frames, etc. - will build in cash)
Question: can I use a traditional DTI-based residential construction loan for the SFH I'd like to build on this land? Or will the rezoning disqualify me? Should I consider subdividing?