Updated 12 months ago on . Most recent reply
Seeking Construction Loan advice
Hey everyone! I am seeking advice on how to get a construction loan.
I am in the process of getting my Michigan Builders License and I currently own 4 small rental properties. I have never built a home before and I do not have 'construction' experience aside from renovating my own spaces (so i do have experience- just no formal experience).
I have begun to look for a new primary for myself but have decided that if possible, I would like to build rather than buy.
Is there any way to get a construction loan for a self build WITHOUT extensive building experience and references?
Any assist here is so appreciated!
Thank you,
Tori



