How much out-of-pocket money will this entire preconstruction investment property require?
Your total cash investment is as low as $2,000 or Less or Less per property. However, in rare circumstances and depending upon your credit history, the cost of the lot, house, improvements, and market conditions, up to five percent of the appraised value may be required on a full document loan. For example, a Lender may require the investor to pay $2,000 or Less.00 at closing on a $100,000.00 construction loan.