Categories: Design

How to Finance Your Spec Home Build

How to Finance Your Spec Home Build. This may be the hardest part of building a spec home, the biggest hurdle to cross.
I do have a Consulting membership site for Building A Spec Home/Becoming A Builder. It consists of Live Q&A sessions, weekly videos(made specifically for the site, along with a community group for members to post questions, share experiences/wins and see where others are with their journey. There are also Budget forms, Selection Forms and others that will be provided. For $75 per month(1st 30 days free), I can lead you through the process of how to start and bring you all the way through building and selling the home. Here is the link to join! https://timetolearn.mykajabi.com/offers/FSvUetym

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View Comments

  • Any opinion on finishing a basement as part of the spec? There is a builder in our area of Michigan who will finish half the basement to include a bedroom, full bathroom, kitchenette/bar area, and living room. I know finishing basements is a cheap way to get square footage compared to building above ground but will it pay off on a new spec as far as return goes?

  • hi Jason I watch all your videos and starting my process of building spec homes and want to know more about your course my email is eternalflipp@gmail.com

  • Hi, Where would be able to find out what is included in your course? Interested! Thanks!

  • Is the course out or is it still in development? Looking forward to it.

  • If I'm an investor and buy the lot, but need a spec loan can the builder (reputable, builds in the area frequently) sign a completion guarantee to avoid a personal guarantee? Or should I have the builder get his own financing? I'm trying to avoid personal guarantee for the spec loan and figure out the structure here

  • Thanks for the information. I'm a current Realtor looking to get into building spec homes.

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