Purpose

Finance land + vertical build for infill/spec single-family and small multi.

Structure Overview

• Leverage commonly expressed as LTC (land + hard/soft costs) with staged construction draws.
• Experience: many lenders expect at least one prior ground-up project in recent years.
• Term: typically 12–24 months, interest-only during build.

Ideal Scenarios

• Seasoned builders with reliable GC subs, clear budget, and defined exit (sale or DSCR lease-up).