Getting financing to build 36 units on owned land?

[Brandon Rouer]

Hey everyone!

I'm looking for some advise on where to go from here. I currently own 8 doors and what I was thinking about doing is selling one of my quads and 1031 exchange it for a 6 acre plot in my hometown where rentals are in demand. The land is zoned 6 units per acre and located in a good central part of the county.

My question is, is it possible to find a lender who would provide a construction loan for something like this if I was to get the land in my possession free and clear?  I was the owner/builder of my primary home so I do a little construction experience but I'd be using a local builder friend of mine. He is currently building several duplexes and quads. I would like to build 9 two story quads or something close to that, and probably in phases. 

Any help is appreciated. I've been a student of BP for 3 years and its changed my life so I know I'm in the right place here.