Case studies · New Construction
Columbus infill build — 14-month construction, 10% to investors
Ground-up single-family build on an infill lot. Builder had two prior new-construction projects under their belt. AVCG funded land + hard + soft costs, released in milestone draws through completion.
Deal summary
At a glance
- Loan amount
- $273,000
- ARV
- $420,000
- LTV
- 65%
- Term
- 14 months
- Capital source
- 5 investors, mix of 10% and 11% tiers
- Yield to investors
- 10 – 11% depending on tier, paid monthly
- Outcome
- Paid off on time
Timeline
Deal timeline
- M1Close on lot + first draw for site work
- M4Framing complete, second draw
- M8Mechanicals + drywall, third draw
- M11Completion, listed at $429,900
- M14Sold at $418,000, loan paid off in full
Lessons learned