This is exactly the info I was looking for. TD Bank wanted a contract with a GC which was not the route I wanted to go. Thanks!

I love these videos!! I'm looking forward to the one about why tiny houses aren't always a good idea!!! 💝

The VA is now doing Construction loans. Specialized lenders, I'm pursing that for next Spring build. You have such great info, wish you were around when I built my first home in 2005. I could have saved a ton. Going to get your beginners program, then will go for the Cadillac program.

Thanks for your time and diligence in this matter, i'll definitely check out the site you mentioned.

Good general information on the variety of construction loans. These are special loans that are beyond most lenders' and banks' skillset , knowledge, and interests. These are niche loans. I highly recommend seeking lenders that specialize in these finances. There are construction loans and renovation loans. Vastly different products. Construction is targeting new construction on land where renovation loans could be adding a 2nd unit (granny flat/ADU). One advantage with renovation loans is based on the future value of the property with the second unit.

Great, these videos are helpful. You will go a long way

This is very informative. Thanks for sharing your knowledge.

Every show there is super nuggets.💯🎯🙏

I just received my GC license in Oregon and have been looking for a mentor. You speak in a way I understand and will be going through your videos. Thank you for the content🤙😎

Thank u this helped out so much.

Good stuff. I'll check out your website & course

Keith’s voice, tone…You sound like David Carradine.🥳 with a twist of Jack Nicholson. You can hire out for voice over💯

Great info! Thanks a bunch!

This was helpful. Thank you :-)

Great information. Thank you.

Thanks for all the information sir.

there are builders out there that are more then happy for you to put in sweat equity for reduced building costs, they have a timeline to stick too and meet.

Building a house is easy The hard part is getting an engineer to stamp your plans

This is some great information.

Awesome & valuable information, my wife & I are planning an owner contractor build in Ridgway CO , however our concern is getting enough subcontractors in-line to build & be on schedule under the current conditions of building supplies & prices …..we plan on an ICF passive Modern mountain design home .

Thank You

Wow what a great human being with such a rare knowledge. Thank you KZfaq algorithm for introducing me this person.

I LOVE the information you provide and would love to consult with you.

Excellent stuff thanks! Would you have a "Sample Budget" ??

I'm loving the videos. I was wondering, should I have all of my drawings and estimations done before I go to the bank at all or can I talk to them beforehand so that we are on the same page?

All this is a new language to me. Feels like learning a new religion and trying to truly understand it all. I have rented most of my life. Never own or had a home built. Now I own two properties. One I purchase 2.4 acres of land by cash outside the city limits in Texas. It's all paid off, but leaves me with no cash to build with 20% down. And the other one I inherit a city lot from my parents passing. I been lowering my debt ratio before I plan on going to apply for a home loan. From my bank next month in 03/2021. So is this the best course in the steps in building my home? After you mention it in the video. I did buy my land blind, but two other homes were built on each opposite sides of my land. Which is a sandy loam from a horse ranch. So I could ask them if they had a soil sample test done when they built their home. To save me on the cost from the test results. 1. First step is to see what I qualify to be pre-approved for a home loan at my local bank? Should not be a problem with excellent credit. Except to where it depends on my income on the loan amount. 2. Then go to a local home builder and see what my custom dream home plans will cost? Should this include the soil test, architect or engineer in the cost? Would that also include the house slab with permits to electric, plumbing, framing and septic on my land and other cost. To give me a sqft. I know it will depend on what type of materials the home is built from? 3. Then that should tell me if I need to sell my city lot. And maybe sell off one acre to my land by having it replot before taking out a bank home loan. So it won't tie up my land deed when I build my home on the other side of the replotted of land. That's if I decide to sell off one acre now vs later to pay towards my home. That's if I run into financially problems years down the road. So by selling just my city lot should give me the 20% down. Vs. using my land as my down payment. But if I use my own money towards the construction loan. From selling my city lot and the one acre of land. Then if I need more money to finish off the home. Then I can start borrowing the rest of the money from the bank after my money is gone. That way I don't come back applying for a new home loan. And get charge for a new construction loan from the bank to finish off the home. The problems I can see what if I want to cut the cost up front? There's restrictions on the deed where I purchase my land. So I was thinking what if I have the shell of my home done first like a metal building. It won't be a Barndominium home due to restrictions. But looks more like a regular home with steel beams, walls and roof with windows. With veneer stone for the trimming due to the restrictions. I been told it's cheaper to build a wood house vs a metal home. Due the walls. Not if 2x6's boards will over lap the sizes of the steel beams used. Then have the rest of the garage and shop attached to the home without using 2x6's wood boards but all metal with insulation. To me this seems like better way to have the shell of the home put up. Then come back and have the frame done inside the home for later. When the cost of lumber comes down. And move into the insulated shop for the time being with a bathroom. Sort like when people live in their travel trailers while building their dream home. And stop paying my land lord rent. And start paying for my place. My bank said if I do a full turn key to my home. I could do a fixed rate up to 30 years note. But then I would be making a much higher house payments. The question will that be within my budget? But if I don't do a full turn key it would be adjustable rate. Meaning my interest rate could change after 5 years. The again every year after that. I guess that depends on how much is owed on the bank loan for cheaper house payments. Just to save on over cost to borrow more money from the bank. So do you think this I a smart move? I just like to have a bigger home vs a little home. But don't won't to go over budget either.

Normandy Corp. Specializes in owner builder loans. They loan to 35 different states

Good info! When I went into my local bank to discuss getting a Construction loan, the first question they ask was "Who's your GC?". So next time I go in to pre-qualify, would you recommend that I just say "I haven't decided on one yet?" They seemed pretty skeptical when I told them that I wanted to be a Owner/Builder.

Your knowledge is golden...we will be finishing the plans soon. Sir do you also consult as a contractor ????

I want to do strictly owner builder. Mostly diy. But I have most of the cash, might need another 100-150k. Any ideas on this? How to get this cash

Excellent video! I wonder, do you have any experience with managing Passive House construction? If so, I'd love to hear about your experience with that and how the management of it differs from building to code.

The auto cc on this is really jumpy - I can see you talking but the cc isn't moving, then suddenly it updates through four or five lines of text but it can only show two lines on screen so the rest of what you said is lost. If this is what it does to all your content, you might want to think about providing your own cc on your vids.

I wanted to build a log/timber home from Golden Eagle. Is there anything I would need to know about building that kind of home versus a typical home? Are there some major differences in the process?

Great info. Im a mechanical contractor and live in North Carolina, and am looking at building soon on our land. Have you had anyone from North Carolina build? If so any idea what bank or lender they went thru to get a owner builder loan?

When pulling out the builder and realtor fees from the 20% could I also pull out the framing, roofing, siding, insulation, drywall, & trim/finish work labor costs? I ask because I can do all these trades myself. Thanks for your videos and interactions on here with people. 👍🇺🇸😊

What are your thoughts on the building companies like America’s Home Place? Are large companies generally more expensive than just hiring a GC?

What are your thoughts on getting a construction loan to finish a project? I financed my land(24 acres @ 150k) paid 200 but put 50 down. Then I sold my old house and used 300k to build my owner build project. I will basically get to Sheetrock before being out of that 300k. I own a business and can finish the remaining 150k or so over the next 18 months if I have to. However I tried to get qualified for a construction loan to finish quicker and so far am having trouble due to me already being in the process of building. I need about 150k to finish total. I’m hoping it will appraise for 850-950 when finished. do you have any advice for this situation? I thought about even doing some on a credit card and get a HD card to help with some things just to speed it up. I will also do a good bit of work once Sheetrock is up.

We're struggling to find funding for VA construction loan, as we also cannot pay 20% down on a regular loan. My husband is a GC and a veteran, but banks are requiring we hire a third party GC (even though my husband is one...). Does the builder have to still front the costs if we ask that they consult/supervise the project? We're afraid most builders will say no to that because they have to fork out a ton of money on their company credit line, to then wait 12 months and not be in control of the project.

I have a four plex mortgage free that needs repairs. Could I use my equity as collateral to get loan for repairs?

I was wondering if I need any permits, blueprints or anything at all for land that has no restrictions and outside of city limits?

You mentioned a video on design/layout. I’m still hunting for it mate!

Who would you recommend us to reach out to for a loan? We are in Colorado. We want to act as the GC or owner builder.Have you ever heard of Owner Builder Loans LLC?

I have a lot loan, that i put down 20% down on(40k) When I apply for the construction loan, I will need to put down 15% total. Will I combine my lot loan to the construction loan, and will that 40k that I put down, be counted towards the total % down of the construction loan?

I found a lot in desert hot springs California, but I having a hard time finding owner builder, second question is size of plan house 63x60 what the would be correct size on the sides of home would be .

Hi Keith, Can you tell me in your videos where I should begin, I am going to be doing an owner / builder. thanks

So you can be an owner builder with the USDA Rural development new construction loan weather is the direct loan or the guaranteed?

I have purchased some land to build on last year. I was hoping to build for $100 sq ft. The current building prices in the area are $200 - $240. At that price I can’t afford to build. I’m not sure what to do.

I can't find the course that you mentioned for $15. Could you please provide the link? Thank you.

How usefull would your course be for someone who is a contractor and plans on doing the majority of the building? My main concern is I would not want a typical construction loan term as it would take me longer to do it just bringing in a few key subs.

Are wetland mitigation credit cost, impact fees and miscellaneous fees covered in the loan or are those upfront costs that need to be paid before getting the loan?

Do you know if you can do a owner builder in the state of new jersy?

any info abut one time close loan for the Va or the fha?

Cowboys are almost all homeless. You should make a videos about car and carbon box home building.

So what percentage of the project budget to this stage? 60%? Mechanical stage.

Now days utah is easy too

Good info, can you point me in the right direction. I'm a licensed GC and build houses for others, but haven't found anyone who will allow me to be my own GC

Hold up a minute... I just read an article saying that Utah went from 13th to 50th in the nation because they just changed the laws surrounding GC qualifications. According to the article, you no longer need anything to get a specialized license. And to get licensed as a GC, you just need to be working in whatever your specialized license is for 2 years. And they did away with the "supervisory position" requirement. Since I see you released this video in late 2020, I would have to say you probably need to brush up on the rules in Utah. Or perhaps that article I read was phony?

Do you have any experience with an ICF built home ?

Hey what kinda profit margins can you make on you building your own home with your own crew? On average atleast 30%

Would you suggest a kit home for an owner builder.

Who are your local to Utah (Salt Lake) recommend owner builder lenders?

Thanks for your video! I am a young architect, can I get the construction loan if I want to build it without GC? What should I say when I run into a conversation with a lender?

Maybe I misunderstood but you mentioned that a bank will loan a person about 28% of your income. If a person makes $100,000 they could only get a $28,000 loan which won't build much.

What is the best place to get usda rural construction loans aprehended? Is that going direct or are there banks that lend using usda

It’s almost impossible to get a loan unless your a GC or hire one, if you don’t have cash to build forget it.

Hey im in georgia and I can't find financing for owner builder

So the total amount that you qualify for in a construction loan is 28% of your annual salary? On a 100k salary, you qualify for 28k? Please help me

Hey Brother. Owner builder here in Northern Utah. I got my land and getting ready to pour my footings. I need course of construction insurance, but having a hard time finding someone. Any recommendations?

Can you save money by working with construction company as unpaid laborer ?

Construction loans are a big pain in the @ss. If at all possible, get the money from a different source, such as a HELOC against an existing home, a private investor, retirement accounts, or even running-up zero APR credit cards.. I 'd rather pay a higher rate and avoid the hassles and hoops of a construction loan.

so does that mean you can't build a house without a GC in Utah?

How do I contact you other than via you tube?

I thought you stated your course was $15 your premium course is over $8000K🤦🏼‍♀️😬😬😬😬

Would we be able to have a conversation via telephone? Let me knw how we can do that please? Thanks

Looking at recently built new homes in your area for actual cost per square foot? There are many other costs included with that cost per square foot so that’s not just the cost of the home but includes the land plus development of that land. Your videos are informative but also very misleading.

The volume in all your videos is too low.

I've only recently found your channel and since I'm in process of building SOMETHING to live in they are interesting BUT the problem I struggle with is your talking is so low and quiet that I have to play and replay the video to hear what you said.

I don't want a home built I want an apartment complex built.

Can I hire you as my GC advisor? I’m in California 95335 area code