Dan P.’s Post

My favourite types of development to insure are often the ones some of the larger providers don’t like. CONVERSIONS The driving force behind 99% of the purchase of a Structural Warranty is from lenders requiring one on exit; either refinance or sale. This is particularly true on Conversion projects, where lenders are now insisting on a Structural Warranty for a straight Change of Use, even with limited structural works. At Advantage, we have worked with our Insurers to develop a specific pricing strategy for refurb and change of use projects, ie. projects where major structural alterations are limited and the majority of works are deemed to be cosmetic. This is particularly useful in Permitted Development projects where full planning is not required and there are no structural changes. Making life easier (and cheaper) all around. #permitteddevelopment #propertydevelopment

Here are a few reasons why Investors buy a spec build: 1. Potential Immediate Income: Enjoy the benefits of generating income right from the start. With a spec build, the potential for immediate returns is for investors seeking quick profitability. 2. Property is Already Partially Completed or Completed: Skip the waiting game! Invest in a spec build where the property is either partially completed or fully finished. It's a shortcut to realizing your investment gains sooner. 3. No Construction Loan Hassles: Say goodbye to the complexities of construction loans. Spec builds offer a hassle-free investment experience without the need for a separate construction loan, streamlining the entire process. 4. Builder Incentives: Many spec builders offer attractive incentives for investors. Take advantage of these perks to maximize your returns and enhance your overall investment experience. For our full inventory list visit Build2Rent.com #build2rent #BuildtoRent #PropertyInvestment #realestateportfolio #optimizeinvestment #newconstructionhome #newbuildhome #Floridanews #newconstructionhomes #roi #newbuild #realestateinvesting #investmentopportunity #realestateinvestor #cashflow #realestatelife #multifamilyconstruction #flrealestate #realestatedeals #realestate #floridarealestate #investing #realestateadvice #Equity #specbuilder #specbuild #lucrative #BuilderIncentives #SFR #Quadplex

Building your next or forever home can be exciting to dream about. However, it can also be overwhelming. And we get it – It’s a big investment. As you weigh the pros and cons of buying versus building, we’d like to ease your mind about the construction lending process. We sat down with our construction lending expert to answer some questions that will help you decide if a construction to permanent loan is right for you. https://lnkd.in/gDswC7qm

Another fun project I'm helping clients' with is this structural renovation of their existing owner occupied home. As you may be aware, there is more than one way to fund a renovation. Indeed, not everyone opts for the traditional construction loan as this can at times be limiting depending on the process of the builder/architect. For this client, even though they are completing a structural renovation, they were able to refinance and use the equity they had in the property to obtain the funds they needed for the renovation. The major difference between a cash out/top up vs. a construction loan is that when you do the cash out you get all of the funds upfront and will have to manage the payments to the builder yourself. If you opt for a traditional construction loan the bank manages that process and pays out the progress payments at pre-agreed stages as per the construction contract. We've got a little article on this topic if you wanted to read further about this type of loan: https://lnkd.in/gBe8QbJN

Discover the possibilities of New Construction! 🦺 Did you know that one of my specialties is helping clients achieve their new construction dreams? 🏡 Whether you’re considering starting from scratch with a custom architect or making tweaks to an existing floor plan, I’ve got you covered. I can assist you with finding a lot and pairing you with a builder, or I can connect you with a builder who owns a lot already. I can also provide guidance and connect you with a lender who can help you finance your construction, whether it’s paying for the lot in cash or rolling it into a construction to permanent loan. Buying and building a new construction home involves many moving parts, but won’t worry- I’m here to help you navigate the process. If you’re unsure where to start, give me a call and I’ll guide you every step of the way.  #raleighnc #newconstruction #trianglenc #trianglerealestate #raleighrealestate #sellersagent #buyersagent #customhomes #newconstructionhomes #newconstructionhomesnc #boutiquebrokerage #boutiquerealestate #cvrg #cvrealtygroup

Want an insight into how a Assetline Construction loan can came to life? Watch here https://lnkd.in/g-wQ3_2u This luxury build in Rose Bay involved three luxury, full-floor units overlooking the water. This scenario required refinancing for the land and construction financing from the ground up. Because of the complexities of this being a Class 2 build, the borrower was able to lean on our specialised construction experience and our internal construction management team. Flexibility was key for this borrower, which we were able to accommodate. We were also able to make their strict timelines, with the DA already in place. Speaking about the project, the borrower says 'we've had a long relationship with Assetline. This is our 5th or 6th project together. There are many factors in construction finance. I've always found Assetline extremely easy to deal with in terms of what their requirements are and what criteria need to be met. If that criteria is met, the process is super simple. We've got to know the construction team there over many years. They understand the business, they understand the pain that developers and builders go through, and it's really refreshing having a partner in the process that actually understands what happens on a day-to-day basis. Jason Terence Lucas Laura Stanley Jamie Crooks Celia Li Aoife Reilly Royden D'Vaz Rose Natoli Arthur Karvelas #AssetlineCapital #Assetline #PropertyFinance #ConstructionFinance #ConstructionLoans #SeriousCapitalMadeSimpler #NonBankLender #NonBankLenderAustralia #NonBank #NonBankLoans #AustralianLender

W&D Secures $110M Construction Loan for BK Multifamily Development Read the full article below..

How Construction Loans Make Modular Homes Possible: Modular homes are increasingly becoming popular for homeowners who are seeking a faster, more affordable alternative to traditional homebuilding. Constructed in sections or modules within a factory, these homes are then transported to the site and assembled into a complete structure. The process offers several benefits, including cost savings, quicker construction times, and high-quality control. The post How Construction Loans Make Modular Homes Possible appeared first on ED CURRIE. http://dlvr.it/TCp3XP

Fident Capital secured $6.2MM of construction financing for the development of three, 3-story, single-family residences in the Pacific Beach submarket of San Diego, California. A national private lender provided the 80% LTC financing with a favorable rate floor and quick closing process. Project Highlights: •The borrower’s election to exercise that option streamlined the entire process, leading to a closing in less than 90 days from the start of efforts. •During due diligence, a residual land valuation analysis supported an increase in loan proceeds while maintaining the lender's LTC/LTV thresholds, reducing the borrower’s equity need for the vertical build. •The client’s recent rehabilitation and sale of an adjacent historic property further supported the project’s terminal value in a market with few luxury comparables. Challenges: •Increase in project costs necessitated a rebalancing of debt and equity contributions. •Lack of new home sales in a highly desirable beach submarket required additional market research to ensure the project's viability. •The perceived pressure on potential residential buyers due to the rising interest rate environment needed to be addressed. #sandiego #singlefamily #commercialrealestate #pacificbeach

From Warehouse to Multifamily: My Unique Real Estate Strategy Discover how I turned a warehouse into a profitable multifamily housing project. Learn about land entitlement, construction loans, and the process of erecting a 25-unit complex building. Watch now to unlock the secrets of my success in the real estate industry. #RealEstateInvesting #MultifamilyHousing #WarehousetoHousing #ConstructionLoans #PropertyDevelopment #RealEstateStrategy #InvestmentOpportunities #LandEntitlement #RealEstateSuccess #ProfitableProjects