I'm seeing parts of Durham become increasingly popular like 27703 for new construction in addition to Bethesda and South Durham near Southpoint Mall. 

Start talking to local lenders and see what kind of products they have for construction/ rehab loans.

Plus they are just lovely to work with.And yes a 15 year veteran in both residential and commercial construction, we pull permits. 

There are plenty of guys out there who have connections to help you find a construction crew.

Have you considered doing new construction in an STR area?

This isn't really that earth shattering, just kind of annoying.The title insurer will usually require the scope of work and any lien waivers to issue certain endorsements required by lenders for recently rehabbed/constructed properties.Permits are all public record anyway - and often double checked by the appraiser.So - while it is kind of annoying, a lot of this work is already required to complete the transaction anyway.Just my thoughts.

@Deborah WodellThere was a guy who used to post on BP from Maryland who did private lending and was a fraud, changed company names many times and what he would do is write construction loans, fund the initial amount but didn’t have the money for the draws.

Good Morning,I'm looking for some insight on new construction builds.

Lets discuss some bridge, fix and flip, ground up construction and DSCR loan scenarios for both purchase and refinance options .

I've also networked with investors, construction management companies where I invest out of state (Indianapolis) via Zoom office hours, directly contacting property management companies.