Best For: Investors interested in land intended for ground up building of 2-4 unit non-owner occupied properties looking for non-bank financing solutions.
Expand your real estate investment solutions for 2-4 unit residential investment properties. Rehab Financial Group is the rental and investment property lender featuring fast closings and common-sense underwriting. Our Ground Up Construction Loan product is a quick, smart and effective alternative for financing construction costs prior to transitioning into a long-term loan.
DETAILS:
1. The approval for this loan is based on ground up construction experience, cash for closing + 6 months reserves, credit and income.
a. At least 2 verifiably completed ground up within the most recent 12 months.
2. Land may be purchased in advance or as part of the transaction.
b. Experienced 1-4 family builders may qualify for refund of land purchase price. (Up to 75%)
