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NEW CONSTRUCTION LOANS

We can be there with you from the ground up!

Construction worker wearing a yellow hard hat and safety vest, working on a wooden frame of a building under a blue sky.

If you’re ready to embark on a new build project, Alternative Adventures can get you the fast and flexible financing you need to get your project done with up to 1 to 2 year interest only terms. We offer financing on residential 1 to 4 unit properties as well as multi-family units including condos, apartment complexes, commercial properties, and hotel new construction builds.

We can get up to 85% of the purchase price and 100% of the vertical construction costs to get your project rent or sale ready. With no prepayment penalties you can sell or refinance as soon as possible. Timelines to close are fast – get quoted and financed in as fast
as 14 days.

How to qualify

Experience

Rates and LTVs determined by:

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Net-worth

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Liquidity

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Asset Types

  • Single Family

  • Townhome

  • Condos

  • Duplex

  • Triplex

  • Quadplex

  • Multi-Family Home

Loan Terms

Loan Sizes: $500k up to $3 Million*

Purchase LTV: Up to 85% of Purchase Price

Rehab LTV: Up to 100% of Renovation Costs

Terms: 3 to 12 month Initial Term. Extension Options Available.

Interest Rates: 9% to 12% Interest Only. Rate dependent on experience, net-worth, and liquidity.

ARV: 65% to 75%

Recourse: Full Recourse

Prepay Penalties: No-Prepayment Penalties

Time to Close: 7 to 21 Days

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Part of a modern white building with multiple balconies and windows against a clear blue sky.

Don’t see your question answered here?

We’re here to help. Fill out our contact form and we will get back to you with more information.

Curious to know if you can apply to get financing for your investment property in your area?

Check out all the sates we service and see if you could qualify! Our lending partners lend across the county in 48 states.

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Map of the United States with each state in blue and labeled with abbreviation, North Dakota is in gray.