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I will be handling the financing. We have 2 seperate lenders for the area. The qualifications for the financing are a 700 middle score (680 on a case by case basis), 2 years of rental/mortgage history, 2 years on the same or similar job and 6 months PITI. As I mentioned before, all closing costs, construction interest and title fees are assumed into the loan. 100% financing is based off of the lot price, home price and closing costs. All of these combined must be at or less than 90% of the appraised value of the home as if it were standing today.
Please let me know if you have any furthur questions.

The pre-construction boom is not over yet! I have oppurtunities in Hernando county and the Ocala area. We use reputable builders and can offer 100% financing including closing costs. Less than 5% out of pocket initial investment. No payments during construction or draws to the builder. Very attractive homes in areas where the job market and the rental market are experiencing heavy growth.
Please email me at phillip.leonard@gmail if you are interested in more details.

First phase construction available in Central Florida for only $2000 out of pocket. Very healthy market. Lots are increasing on average of $3,000 a month alone.
It all depends on the area but I would say Florida, Arizone and the DC area will stay hot for a few more years.

Depending on the area will definitely determine where the market will go. Southern California may see the market turn long before Central Florida or some parts of Arizona.
I know that the central Florida region is booming with pre construction oppurtunities at the moment.