Map the whole project
Share land ownership, zoning, permits, design, budget and expected timeline. The feasibility of the complete project matters more than the land value alone.
Understand draw financing
Construction advances generally depend on lender conditions, progress verification and remaining cost to complete. Plan for equity contributions and cash needed between draws.
Plan your exit
Completion may lead to a sale, rental financing or an owner-occupied mortgage. Test that exit and include room for cost overruns, delays and interest carrying costs.
A useful starting checklist
- Project budget and schedule
- Plans, approvals and permits
- Builder contract and experience
- Land details, equity evidence and exit strategy