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Spec Construction Loans: A Spec Line of Credit Is Worth the Paperwork
March 24 2022
If you regularly build new construction homes on a Spec or Pre-Sale basis, it’s likely that you’ve worked with different lenders. While there are many kinds of loans available for new construction,..
Topics: Spec Homes
Spec Homes and Pre-Sale Homes: The Relative Benefits for a Spec Builder
March 24 2022
In the world of new home construction, there are important differences between home types, and knowing those differences (and what they entail) is important when traversing new home building..
Topics: Spec Building Spec Homes Pre-Sale Construction
How a Lender Sees Spec Construction Success: Insights for the Investor Builder
March 23 2022
Spec construction is speculative – it’s a property built without a buyer already lined up. There is risk and potential reward. A spec property probably isn’t a long-term investment; many projects are..
Topics: Spec Homes investor
How Is a Spec House Different From Other Kinds of House Construction?
March 23 2022
When it comes to new construction, there are several kinds of residential builds that builders may consider. One of those, the spec house, provides interesting opportunities and challenges. What is a..
Topics: Spec Homes
How a Private Lender Compares to a Bank Lender for a Spec House Construction Loan
March 22 2022
Builders looking for ways to fund new construction projects, like spec or pre-sale home building, may consider financing using a private lender. While it is one way to get a spec house construction..
Topics: Spec Homes Construction Loans
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