We'd love to work with investor business because it tends to be a little more flexible, but we've got a bank that provides spec home financing currently. It CAN be difficult to find banks to work with, so many times a builder is relying on their history, relationships, etc.
The biggest thing before you begin to work with a builder is that you need to review and call up their vendors. Do a thorough check on this because you'll know if the builder is paying vendors on time. If the builder isn't paying vendors on time, RUN, far away. This is a huge indicator of trouble and could mean they are not good at managing their money.
A good builder will also get all or most bids PRIOR to breaking ground. This is the only way to know if the numbers are solid or not.
