Palermo Development??

[dedwards04]

I want to contract it out my self and do alot of work my self. the only problem is everywhere i have looked wants 20% down for a construction loan. i dont have that much equity in my house im currenty in and dang sure dont have that much saved up. i had this house im currently in built by the developer turn key with zero down. thats kinda the reason i was considering palermo since im buying the land from him anyway. he says he can get 95% financed which was sounding good to me. If if comes down to it ill just have to buy the land and sit on it a while or come across someone who will do a construction loan for better than 20% down.