One Sentence Summary: This video describes the process of how National land developers have been building communities across America for decades; convince banks there is value through hard data. Good video on how to start a land development company. Now become a general contractor and you are in business.

I’ve looked at so many videos about construction to perm loans. This has been the most helpful!

This has been soooo helpful! I am currently in the process and bought my land cash!! Thanks 👍🏽👍🏽

Are you familiar with lenders in Texas that do no money down for the construction to permanent loan? This video is awesome!

The most informative video on this matter thus far, great job! Thank You!

This dude is good

After scrolling and seeing no one mention it, I'll be the one to mention it. I love the Intervals and Plini albums on the wall. Cheers mate

Thank you for sharing this information. I was almost gave up and was about to sell my land in very desirable location. Now with this information about zero down payment loan I am going to move forward.

Super high quality video. Very few people are sharing anything like this on youtube.

This is amazing, thank you for this video. So much rich content, this was incredibly helpful!

This is a fantastic explanation of how construction to permanent loans work.

I’m not seeing many people discussing FHA one time construction to permanent loans which seem to be an amazing deal. Are these hard to find? I’m just surprised I don’t see more people discuss the FHA version of this.

Well you sort of skate right over the land part Brandom. The bank isnt apt to issue a construction loan on a property that isnt paid for. Reason as you know is that they want a first place position with their loan. If the note on the land isnt recorded, and you have a deed showing you own it, that will certainly work in your favor. But as a rule, its first things first, pay off the land, which represents the required down payment. As you know, there is no such thing as a free lunch.

Awesome video!!! Outstanding explanation, nice and clear! Thank you

Absolutely perfect explanation! We are doing this in Alabama and it works!

Can we work on some of the projects in the future house? Like drywall, cleaning, painting etc. or contractor have to hire his own people?

Thank you, thank you, thank you!

Wow, this was so informative. Thank you!

Really enjoyed your video. Thanks it was very helpful.

Great video Brandoman! Greatly appreciated

Great video! We are looking to buy some land and this was awesome. Thanks a lot man

Excellent description. I learned a lot

Great job explaining this so that I could understand!

Thank you so much , this is so helpful!!

I am confused. Based on what vie found, a construction loan covers the building cost and the you'll need to get another loan for the mortgage? Where a Construction To Permanent Loan is one loan that covers the build cost and then transfers to a traditional mortgage once completed. My question: If you use a construction loan why would you need to get another loan as a mortgage? if you just paid to have the home built and pay that loan off is the home not paid for? why "two loans" why a mortgage? not sure if I'm making sense. Thanks.

Awesome video! Thanks for the detailed guide. Side note, what color paint is your wall? Looking to paint home office a similar look

Great video!

Very informative. Thank you!

So informative

THATS A ROCKIN AMP YA GOT THERE

Great work bud 💯🙏🏡

Hey Brandoman …you should post those lenders that gives you no down payment on your construction loan…

Thank you sir

This video was extremely helpful. I was thinking about financing a new construction, watching this was gold. I have a two questions 1) if I had to put a down payment due to insufficient built in equity from the appraised future value. And upon completion the property value goes up for more than the appraised value, would I be able to pull back my down payment ? 2) Does this loan process and the zero down payement work for investment property, like a duplex? Thank you!

Great info!

How would it work if we are wanting to build a home on a property that family owns? So we can all live on the same property with 40 acres

Thank you!

Hi Brandon! I was wondering if you have any advice for couples looking to build their very first home as a tiny home. Are there other things we need to look out for?

thanks that explained a lot

Very informative video Brandon thanks. Do you think lenders are still willing to do $0 down if you own the lot in 2023? I bought a lot and plan to build a duplex on it. 350k cost to build, 525k ARV.

Do you know of any lenders the will allow an owner builder project?

In short, you want your land value appraised before getting this loan.

Know anything about owner-builder or DIY loans?

Oh my God 3% interest.... 😢😢😢😢Here in our country it's more than 7%

Very Helpful, been thinking about putting in a Modular instead of building. What is you opinion?

Can you do a video on interviewing builders?

I thought USDA construction loan lets you also buy the loan with zero money down

What about the USDA loans with no money down

Did you say Tahoe as in Lake Tahoe? Because I'm also looking to start my home build near South Lake Tahoe.

I want to do a new construction loan but every financial institutions I go to they want 20% down and my credit is good. I live in MISSISSIPPI. what can I do to get a construction to permanentl loan. Need all the help I can get.

Should the denominator of the equation be "loan"?

Thanks for the video, looking in getting a construction to permanent load, any advice.

Are builders usually agreeable to a fixed price contract? Ive known people that have had supply charges raised just days before closing in that they thought was a “fixed price contract.”

Can you get a C2P loan without absorbing the original land loan? Especially if that land loan is at an absurdly low rate compared to what a new loan would be at.

you still have to pay the interest on every draws

I have 2 acres of land from family. How should I build a house on it?

Which lenders do “no money down” In Florida?

Brandon, can you explain the process of using equity created as down payment? I am in Bay Area. Cost to build = $1.5M. New house value after completion = $3.5M. Equity created $2M. Does this mean I will not have to make any down payment? How can I leverage this equity to pay the monthly construction loan installments?

How can you get a proper construction price quote from builders without exact building plans? And if you need the plans before you decide on a builder, who do you go to to draw up these plans and put them on paper? Or, are you giving each builder you "interview" basic plan wishes? I'm just confused a bit and want to be sure I'm doing everything in the proper order to save time. It almost sounds like applying for the actual loan is close to the last step, as the applicant needs to know how much it will cost, provide building plans, etc. So, secure the land, check. Then, talk to builders first to get estimates and general design features? Or lenders first? Ugh..Please help.

Can you recommend any lenders in California ?

Can you name a lender that uses the 20% unseasoned future equity as 20% down payment?

when applying for a permloan home do i have to live there? i really wanted it for an investment purpose but do i tell the banks that when applying for a perm loan? i rent now and see good prices 2 hours away but i dont want to live there... what your thoughts thank you..

I want a luxury custom home for 300k or less ? is that realistic ?

Would this all work with a rural piece of land? And could the construction loan include running utilities to the lot?

Does the equity come off the loan amount like a cash down payment?

Question, so I bought my land cash and my plan is to build a single family home and also on the back of the lot there is an existing 600 square feet garage that i want to convert to a duplex, my question is do you think the bank will give me a loan to cover all of that in one loan or would they make me get a separate loan to convert the garage into a duplex?

How does this method apply to tiny home/treehouse builds for STRs? Thanks

So I only bought land and paying 200$ a month for it, and I want to do a shed/ garage home conversion for under 70k, im only 24 and I make 29k a year, and it seems like it would be cheaper a month than rent. I have construction friends, Do you think Im being too optimistic? Would a 80k loan plus my 200 be cheaper in the long run? I just want the cheapest option without renting, any advice?

Are the permit costs all out of pocket? Not financed within the construction loan?

Question, when the new build appraises for more than the cost of the build plus land, does that increase your loan amount when you use the “created equity” from the build as your down payment?

That's great

Brandon, this video has been extremely helpful. I am in Bay Area and I believe you are too. Can I contact you directly if I have questions? I am in the process of lot split and build new home. My main concern is I want to spend on this project only if I am sure I will qualify for the construction loan. What is the sequence of steps you would recommend? Do lenders give pre approval for construction loan first, before I start spending on survey, design, etc?

Dude I need you as my mentor

How do you make payments on the $800K loan though?

What if house values sink during construction ? Then what ?

But are you then stuck with a $1M mortgage in the end instead of the $800K you actually borrowed for the build?

Owning the land first is still money down

Do you have a worksheet you used to budget this that is similar to the one your GC sent that you used in the video?

Does this work for owner/contractor's? As long as we get qoutes/contracts on all work?

I'm clueless here very early starting out and just trying to get info! But how do you find reliable builders? I'm scared that I'll have a horror story!

Anyone know of any lenders who offer NO interest only payments throughout construction? (Before you say there aren't any, there is one that I've found, The Mcknight Team in texas)

Post links

Does this work with family owned property?

VH!

IF you can qualify. %%%

🤯

Lies

Hi I need your help

Great video!!

Thank you!

Thank you!