New Construction Loans in Columbus, OH
Columbus, OH, is a booming city for real estate investment. With a growing population and a diverse economy, it’s no surprise that investors, developers, and builders are flocking to this Midwestern metropolis.
However, starting a new construction project requires a significant amount of capital, which can be a major hurdle for many investors. Fortunately, Insula Capital Group is here to help with our new construction loans in Columbus, OH.
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Why Invest in Columbus, OH, Real Estate?
Columbus, OH, is an excellent city for real estate investment. With a growing population, a strong job market, and a low cost of living, the city offers investors a range of opportunities. Additionally, Columbus is home to several major universities, which means that there is a steady supply of young, educated professionals who are looking for rental properties. This makes Columbus an excellent place to invest in rental properties, whether you’re looking to invest in multifamily units or single-family homes.
Benefits of New Construction Loans for Developers, Builders, and Investors
Insula Capital Group’s new construction loans offer a range of benefits for investors, developers, and builders. To begin with, we provide a reliable and affordable source of funding to support seasoned investors in achieving their objectives, regardless of whether they possess an extensive track record of completed projects or not. Our loans are specifically designed for those who want to undertake new construction projects but lack the necessary capital.
Moreover, our short-term new construction loans in Columbus, OH, only require you to have around three successful projects to qualify that were started from the ground up. This means that even if you’re a new investor, you can still access the capital you need to start your first construction project. With a loan-to-cost ratio of up to 75%, you’ll have the financial support you need to get your project off the ground.
Insula Capital Group’s new construction loans are also flexible, with a one-year term and no prepayment penalty. This means you can pay off your loan early if you choose, which can help you save on interest charges and improve your cash flow.
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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Ready to apply for a New Construction loan?
Frequently Asked Questions
The funds from a new construction loan can be used to cover a variety of project expenses, including land acquisition, construction materials, labor, permits, and other related costs.
Using a new construction loan from Insula Capital Group can provide several benefits, including access to competitive rates, flexible terms, and the ability to fund your project even with minimal experience or a smaller portfolio of completed projects.
To apply for a new construction loan from Insula Capital Group, you can contact their team of experts for more information and assistance with the loan application process. They will guide you through the requirements and steps to apply for a new construction loan tailored to your needs and project goals.
Let Us Help You!
If you’re a real estate investor, developer, or builder in Columbus, OH, and you’re looking for a reliable source of capital for your new construction projects, look no further than Insula Capital Group. Contact us today to learn more about our new construction loans in Columbus, OH, and how we can help you reach your goals.
Fill out our application now or check out our just-funded projects.
