All Forum Posts by: Juan Robles

The land is paid for in full. 

Amount invested in Land and Soft Costs = $43,544. The Loan Amount for Construction is $335,000, which includes 5% contingency. Forecasted Home Value After Completion = $450,000. The exit strategy is to hold the property as a long-term rental for 2 years and then sell. Have an additional $30,000 liquid to show the seriousness of this project.

Hi All,

I'm looking for financing for SFR construction on land I have purchased with city plan check approval imminent as the owner-builder. I have worked for a general contractor for 5 years, performing work on lucrative projects, and now am looking to continue the journey on my own. Some lenders I have talked to have asked me to bring on another general contractor to partner with for approval since they want to see experience within the LLC, but profit margins would not be as great going in this direction. So I'm looking for private money lenders that would be more lenient in builder requirements.

I have a great resume that will speak for my experience, and I’m just looking for someone to help with funding so I can pull the trigger in the coming months.

Any help would be greatly appreciated! JR