All Forum Posts by: Adam Hill

Hey Adam- If your builder has done new builds that were financed, he should have insight regarding who was lending on those projects. About 7 years ago we used Banner Bank. They weren't easy to work with when we had delays due to a wild winter that pushed the schedule back by 3 months. But they were the best option for us at the time.

Follow up question- you mentioned building a modular SF home. Who is the modular company you're planning on using?

Thanks and good luck

Thanks Matt for the Banner Bank suggestion. My contractor's lead is no longer financing modular builds as a few recent projects have been burdened with issues apparently. Not with my contractor's projects I hasten to add.

Method Homes are our preferred outfit, based out of Seattle, they have experience with builds in Tahoe.

0 Votes

Sacramento, California

Quote from @Andrew Postell:

@Adam Hill does your GC have experience with new builds? This would be a requirement for any new build lender.

Yes, 20+years of new builds in the area.

0 Votes

Sacramento, California

Quote from @Erik Estrada:

Modular homes are a no go for most investment lenders

Do you have any other properties to tap into to finance this?

Yes, but under our Maine registered LLC. Was hoping to explore options and get an idea of how much of our equity we will need to tap into.

0 Votes

Sacramento, California

I'm looking at finance options to purchase an entitled lot in Truckee, CA and build a SF modular home on it as an investment. The plan is to sell once completed.

I have a GC, and a lot identified.

Would anyone have recommendations for lenders?

0 Votes

Sacramento, California

I'm looking at finance options to purchase an entitled lot in Truckee, CA and build a SF modular home on it as an investment. The plan is to sell once completed.

I have a GC, and a lot identified.

Would anyone have recommendations for lenders?

0 Votes

Sacramento, California

All Forum Posts by: Adam Hill

Adam Hill has started 2 posts and replied 5 times.

Post: Land and Construction Loan

Post: Land and Construction Loan

Post: Land and Construction Loan

Post: Land and Construction Loan

Post: Land and Construction Loan