Perkins - I'm based in Atlanta and fund a lot of SPEC new construction projects here, from 1-4 to 30-35 door multifamily and mixed use. 

My most recent build cost I put together for a house build on an empty lot was at $300/SF as base cost.

Some banks may only loan based on the value of the land.  

Of course, the rate can be slightly steeper than the conventional loans where it is a full document loan, where they need to qualify you based on your income.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.

Base don what I am saying, what are you all seeing as good/bad for this deal? 

Are there any asset based lenders that can take something like this down given it has solid cash flow? 

I'm based out of columbus ohio but I'll be down there for a month and considering moving our entire operation down there because of the economics of the state. same reason you are visiting. what size deals are you looking at? 

If you are looking for something in the 100-200k range (based on the capital you have for a 20% down payment), places like Ohio or other places in the midwest are great opportunities.

Telelisting - Great for scrubbing to see if I can find a phone number based on an address.2.

However, in some counties, they may reassess based on the LLC's sale price.