New Construction Loans

This loan facilitates the purchase of existing properties and the construction of new ones, serving various areas and aiding in investment endeavors. To qualify for this loan, applicants must possess experience in building or renovating. The eligible properties encompass a range of types, including residential homes and commercial establishments. The loan duration spans one year, with the possibility of extension.

Investors can generate substantial profits by either constructing new properties or renovating and selling existing ones. Once construction is complete, investors have the option to either sell the property or utilize the BRRRR Method for refinancing. The choice between selling and refinancing depends on factors such as construction duration, monthly revenue, and the growth potential of the area. Before embarking on any investment, it’s crucial to have a well-defined plan in place. However, should circumstances change, AFC is dedicated to providing expert guidance to ensure your success.

1. Purchasing a home with the intention of flipping it may appear straightforward initially, but as you delve into the project, you may realize its magnitude surpasses your initial expectations. On the contrary, constructing a new home provides greater autonomy and alleviates concerns about unforeseen complications.

2. If your plan involves renting out a property, the maintenance costs can significantly impact your long-term profitability. Opting for new construction properties reduces the likelihood of repairs or replacements for vital elements such as the foundation, roof, flooring, and hot water heater. This translates to reduced expenses and increased profit potential.

3. During periods of high real estate demand, finding lucrative investment properties can be challenging. However, this program broadens your horizons by presenting additional opportunities, including vacant plots of land and homes in need of demolition.