We are a nationwide marketplace that provides access to multiple TK investment opportunities, many of which are new construction.

Lol You can go the B2R route & purchase New Construction.

The other disadvantage of storage rental is they are generally slow to fill up, we are financing a new Construction self storage, and the lease up is estimated at 4 years.  1 suggestion would be to buy 1 container, lease it, then buy the subsequent container.

@Kent Kettell  Since you  are asking specifically about rehab lending the construction loan administration is most critical.

I own a successful construction company that mainly focuses on kitchens, bathrooms and interior remodels and have been in business for over 4 years.

For ground-up inspector spec or builder development, we're usually topping out at 80% of cost (land plus construction plus soft costs) up to 70% of As Completed Value.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

@John N CookIf you have $200K + in retirement funds, other capital, experience with construction, and want to explore creating a real estate development company doing 3+ flips or spec homes per year, check out a ROBS.  

I am currently in the market for land where I can build a new construction (ground-up construction).I recently read about the HomeStyle loan on BiggerPockets and wondering if anyone in Chicago has had experience they can share?

When a tenant moves in to a new construction property with no issues we find that they normally stay 3-4 years.