construction loans

General Real Estate Investing
1

do any of you out there know much about construction loans on O/O properties?

I’m looking to build a house as primary residence and need either a construction loan or a construction perm. loan. The thing is, it has to be 100% LTV or 100% of cost to build. most lenders require 5% down, which I don’t have. Preferably a program that allows for contractor build as opposed to owner built OR me acting as the contractor. I don’t know enough to sub out my own construction.

any recommendations is appreciated!

2

skydivecock,

Interesting name…

What state are you in?

3

I’m in SC, so if you know of any brokers that are licensed to do business here let me know.

yea, the skydive thing, is a has been…havn’t jumped in 4 years…
south carolina gamecocks…

4

<<…havn’t jumped in 4 years…>>

Good for you…ain’t but two things that fall from the sky…(and I’ll bet Danny can name them both!)

Keith