I work for a portfolio lender as their point person for construction loans, and now I'm trying to grow the division.

Could be less on newer construction but you’ll pay more for the property.  

Land development and construction are two different disciplines.

Keep your day job.Fortunately, this is my 2nd business and my primary business is small construction company. 

Quote from @Dan Grove: Some combination of cash to seller, closing costs, repairs, construction, paying off arrears, assignment fees, commissions.   

Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home I do want to also add that my banker who is the VP of lending and branch manager has been banking me for 30 years..WE have been through all he ups and downs including the GFC were I got almost totally wiped out financially..

@Kyle Atans  or PHX when building stopped dead cold and they deported half the construction workers who happened to be 80% of the tenant base.. same with central CA building stopped  no deportation though :)I just bought in Vegas for semi retirement and tax purposes I kind of like were it sits now.. but no question your timing of that market was impeccable.. !!! 

We also work with 203K construction loans which NEVER give a deposit. 

I have a subdivision in Maryland that I’ve been developing for the past year. Should be permitted to install road and SWM infrastructure by summer 2025. Wondering who does horizontal lending on something like that? I ...

"Builder’s risk insurance is necessary from day 1 of the construction project.