Financing 1st Spec Home

[Trevor Davis]

I bought a 5 acre property through the tax sale in June and finally getting title work finished. The property had an a small house that was falling in but the well and septic on it are all good. The land by itself appraised for $60,000. I am wanting to build a spec house on it but am curious about financing options. I have worked as a commercial project manager, have done live in flips, and have built my own house but I have no record as a builder. What are the chances that a bank will finance my project? What other options do you suggest. Thanks for the input.