Posted by chet on January 04, 2005 at 05:33:49:
In Reply to: My condo construction project-need help posted by rdlazo on January 04, 2005 at 04:10:33:
depending on the construction lenders I have seen, 200K/2.7M would not be enough equity.
Can you raise more $$ or get some sorta 2nd?
I think you're in CA have you looked into construction defect insurance?
also 66/ sq.ft for construction seems pretty cheap.