Does anyone have any recommendations for an insurance company that will insure a finished and updated, yet vacant multi family building (not a remodel under construction)?

I think the duplexes would be better in terms of phasing the construction with the bank, and I know in my city anything over 4 units needs to meet all the efficiency and environmental guide lines, which drives the cost of materials.

Great schools, great growth and the area is still fairly hot for construction and sales of existing.

Managing construction can be a lot more difficult than you think starting out - contractors will throw change orders at you, they will take longer than expected, and sometimes, they will leave the job with your money altogether.

We used a local bank, Lowell 5, for an acquisition + construction loan.

It was a big undertaking and learned tons of great lessons for the next projects to come.

I have been around new home construction for several years as well.

But I do have over a year of construction experience.

This is similar but different ;-)I am planning on building an addition on my home that would be a great room on the main floor, and ALSO have a finished space in the walk out lower level for an office for both my rental business but MORE so an office/showroom for my 'day job' of construction/remodeling.

I'm debating between the following,because I'm going to get a construction loan which will be disbursed in phases, should I rent out each unit as and when it is completed?