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Updated over 2 years ago,

User Stats

4
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2
Votes
Adam Wilson
2
Votes |
4
Posts

Building Investment Property, Need 400K Construction Loan

Adam Wilson
Posted

Hi, I want to build a 3 bedroom house to rent out, but my income is a bit low (60k) to qualify for a loan (need 80k). The property will cash flow the day it's completed and will have 20% equity since i'm building it myself (saving builder and realtor fees).

How can I present this deal to investors and where would I find lenders willing to do a creative deal?

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