Installing horizontal improvements creates value with finished lots.

Those horizontal stops of wood are probably holding moisture and it is rotting the wood.

We'll worry about phase 2 & 3 (the remaining units) later on- Phase 1 is site development (horizontal construction) for the whole project, and a structure that will contain 10 of the units - Horizontal construction costs: approx $225k- Vertical construction costs: approx: $210k/unit- Assuming loan will be structured between an advance against land for the horizontal and a construction holdback for the rest of phase 1What would likely be the loan amount, term, and pricing (rate, points, fees)  for phase 1?

We'll worry about phase 2 & 3 (the remaining units) later on- Phase 1 is site development (horizontal construction) for the whole project, and a structure that will contain 10 of the units - Horizontal construction costs: approx $225k- Vertical construction costs: approx: $210k/unit- Assuming loan will be structured between an advance against land for the horizontal and a construction holdback for the rest of phase 1What would likely be the loan amount, term, and pricing (rate, points, fees) for phase 1?

We'll worry about phase 2 & 3 (the remaining units) later on- Phase 1 is site development (horizontal construction) for the whole project, and a structure that will contain 10 of the units - Horizontal construction costs: approx $225k- Vertical construction costs: approx: $210k/unit- Assuming loan will be structured between an advance against land for the horizontal and a construction holdback for the rest of phase 1What would likely be the loan amount, term, and pricing (rate, points, fees) for phase 1?

Purchase price: $360,000 Cash invested: $16,000 A unique 2 family house that is set up horizontally instead of vertically (no one lives above or below, rather side by side).

We have replumb all horizontal lines (galvanized) while a tenant has been in the home.

I've only been able to find them in the horizontal direction or smaller sizes like 24"x30" and 18"x27" in the vertical.

Inspection revealed major issues with the property, some of which were not disclosed: evidence of foundation problem (stair-step and horizontal cracks, bowing towards the inside of the basement, uneven floors in units); basement leaks, roof leaks, 1 furnace is putting out carbon monoxide and needs to be repaired, etc. 

-They are hard to finance-They are prohibitively expensive-It can be tricky to find an appropriate lotI even explored using modular and prefabricated options but the 36' horizontal max makes it impossible as modular options are long and skinny so they can be transported.