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.
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
We are a leading nationwide private lender & real estate investment company.
- Fix & Flip
- July 2022Washington, DC
| Purchase Price: | $255,000 |
| Renovation Budget: | $80,000 |
| Loan Amount: | $296,750 |
| After Repair Value: | $450,000 |
- Fix & Flip
- June 2022Weiser, ID
| Purchase Price: | $170,000 |
| Renovation Budget: | $59,000 |
| Loan Amount: | $207,000 |
| After Repair Value: | $309,000 |
- Fix & Flip
- July 2022Washington, DC
| Purchase Price: | $255,000 |
| Renovation Budget: | $80,000 |
| Loan Amount: | $296,750 |
| After Repair Value: | $450,000 |
- Fix & Flip
- June 2022Weiser, ID
| Purchase Price: | $170,000 |
| Renovation Budget: | $59,000 |
| Loan Amount: | $207,000 |
| After Repair Value: | $309,000 |
Multifamily/Mixed Use
Fix & Flip Calculator
Fix & Flip Financing
New Construction
Hard Money Loan
Residential Rental Program (Buy & Hold)
Private Lending Done Right.
A leading nationwide private lender & real estate investment company.
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