New Construction Loans in Detroit, MI
Detroit is known for more than just its famous Detroit-style pizza. The city is the undisputed automobile capital of the world and is home to people from various ethnic backgrounds.
For those who call Detroit home, the city is more than just a place on Michigan’s map; it’s a whole experience. From a diverse urban life to affordable living standards, the city is a top choice for people looking to settle from across the US.
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Venturing Into Detroit’s Exciting Real Estate Market
As Michigan’s largest city, Detroit has a very exciting and ever-evolving real estate market. In fact, at the moment, the city is coming back to life after many economic downturns and demographic shifts, which means it holds some great opportunities for investors and new constructors.
There are some promising signs of improvement in Detroit’s real estate market, especially in Midtown and downtown areas, with increased demand and rising property prices.
Needless to say, if you’ve been thinking about new construction in Detroit, MI, now is the time to act!
Let Reputable Lenders Help You Out in Detroit, MI
New constructions require significant amounts of funds, especially when your plans are designed to attract new buyers in a highly saturated market. From buying high-quality materials to hiring experienced contractors, you need a steady stream of finances to keep the project going.
This is why it’s helpful to have the team of Insula Capital Group by your side throughout the process. We offer new construction loans in Detroit, MI, and surrounding cities and states to help you bring your construction plans to life. We take care of your finances and the related paperwork so you can focus all your efforts on the construction itself.
So, what are you waiting for? Let’s start building your new property in Detroit! Prequalify Now
Just Funded Projects
June 2022
Fix & Flip
- Weiser, ID
Purchase Price
170,000
Renovation Budget
59,000
Loan Amount
207,000
After Repair Value
309,000
July 2022
Fix & Flip
- Washington, DC
Purchase Price
255,000
Renovation Budget
80,000
Loan Amount
296,750
After Repair Value
450,000
December 2021
Fix & Flip
- Centerreach, NY
Purchase Price
340,000
Renovation Budget
46,050
Loan Amount
321,300
After Repair Value
459,000
November 2021
Fix & Flip
- Hartford, CT
Purchase Price
149,000
Renovation Budget
70,000
Loan Amount
196,650
After Repair Value
290,000
November 2021
Fix & Flip
- Philidelphia, PA
Purchase Price
130,000
Renovation Budget
105,300
Loan Amount
209,300
After Repair Value
335,000
November 2021
Fix & Flip
- Philidelphia, PA
Purchase Price
62,000
Renovation Budget
60,000
Loan Amount
106,500
After Repair Value
176,000
November 2021
Fix & Flip
- North Babylon, NY
Purchase Price
310,000
Renovation Budget
32,750
Loan Amount
311,750
After Repair Value
495,000
November 2021
Fix & Flip
- East Hampton, NY
Purchase Price
1,250,000
Renovation Budget
577,465
Loan Amount
1,577,465
After Repair Value
2,487,500
November 2021
Fix & Flip
- Jersey City, NJ
Purchase Price
525,000
Renovation Budget
240,650
Loan Amount
848,800
After Repair Value
831,000
What we offer
All Loan Services
Fix And Flip Loans
Fix And Flip Loans
Ground Up Construction
Ground Up Construction
Rental Property Loans
Rental Property Loans
Commercial Property Loans
Commercial Property Loans
Thousands of Clients Trust Our Company
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Why Is Insula Capital Group the Best Choice for You
As one of Michigan’s most-trusted private equity firms, we offer a wide range of financing services for our clients across the state, including Detroit. Whether it’s commercial properties you’re interested in or multi-family complexes, we can provide custom-designed new construction loans to help you out.
Besides our flexible loan programs, we also offer a 75% loan-to-cost ratio, including permits and plans. Additionally, you don’t have to worry about having too much experience in the industry when you’re working with us—three successfully completed projects are all you need to get us on board. And, of course, there are no prepayment penalties when you’re working with Insula Capital Group!
So, are you ready to get started on your new construction loans in Detroit, MI? Contact Us
