Quote from @Sri Reddy: We are a team who are venturing in to constructing a multifamily unit from groundup.We don't have any prior experience in construction and are looking for financing loan options.

I have 2 empty lots that I want to build 2 rental properties on in Decatur, AL, but there is not a lot of new construction in the area.

Purchase price: $515,000 Cash invested: $960,000 Sale price: $1,850,000 New Construction development, What made you interested in investing in this type of deal?

I was in national construction for 5+ years I'm not afraid of a small contractor who's ripping you guys off 

@Treza Edwards  your original question may answer itself when you say there is not much new construction going on. 

Hello @Hudson Filippi FHA does have a One Time Close construction loan that will allow you to build a home.

Hello,Was going to start construction on a two story 3bd 3.5ba 1500sqft primary home and a 2bd 2.5ba 800sqft ADU.  

Did you try a local CU or bank for a construction to permanent loan?

Quote from @Deltrease Hart-Anderson: What are your thoughts on putting new construction in a B+/C- neighborhood?

Each of the 5 warehouses on this campus will require updates (construction of offices/bathrooms, roof repairs, paint, siding repairs, new penetrations for doors, updates to electrical, insulation, and extension of water and sewer).