Construction Loans Ground Up in Richmond County Georgia
CheapLOI.com provides ground-up construction loans for investors and developers in Augusta, Hephzibah, and Blythe—with same-day term sheets, transparent budgets, and fast draw releases.
Why Richmond County Builders Choose CheapLOI.com
CheapLOI.com has funded 1,000+ Georgia investment projects. We understand site work, permitting, and contractor logistics across Augusta’s Medical District, downtown/Riverwalk corridors, and I-20/I-520 industrial nodes.
PROGRAM OVERVIEW
Feature | CheapLOI.com — Program Details |
Loan Amounts | $500,000 – $20,000,000+ |
Leverage | Up to 85% LTC |
Max to ARV/Stabilized | Typically ~70% |
Term | 12–24 months (+ extension options) |
Rate/Structure | Interest-only during build |
Collateral | Land + improvements |
Draws | Milestone-based; 48–72 hr typical release |
Entity | LLC/Entity preferred |
Docs we focus on | Plans, line-item budget, schedule, GC resume, exit strategy |
Income docs | Not required (asset-based) |
Close speed | 10–21 business days, title & diligence permitting |
How to Qualify
We mainly evaluate:
- Site control and clean title/survey
- Complete plans (architectural/civil as required)
- Detailed, realistic budget and schedule (Gantt acceptable)
- GC/borrower experience or strong third-party GC
- Exit (pre-leasing assumptions, cap rates, DSCR refi, or sale)
Property Types Eligible
- Retail: pad sites, strip centers, single-tenant NNN
- Industrial/Flex: last-mile warehouse, light manufacturing
- Office/Medical: professional suites, medical build-outs
- Mixed-Use: street-level retail with residential above
- Small–Mid Multifamily/BTR: duplex–garden style (case-by-case)
- Adaptive Reuse: with new vertical components
Experience, Expertise, Authority, Trust
- Experience: CheapLOI.com has funded 1,000+ Georgia investor projects.
- Expertise: Ground-up and vertical underwriting; ARV and rent comps; draw logistics.
- Authority: Clear LOIs, accurate scopes, transparent draw procedures.
- Trust: Google Ads-compliant language, FTC-aligned disclosures, CCPA/CPRA privacy, ADA-friendly content (plain language, alt text, accessible buttons).
How It Work
Submit Your Deal
Site address, parcel control (contract/deed), survey, plans/elevations, line-item budget, GC profile, schedule, and exit.
Same-Day LOI
We price the deal around cost, ARV, and market comps—not personal tax returns.
Close & Break Ground
On closing, initial draw can cover land payoff or site work per approved budget.
Draws in 48–72 Hours
Milestone inspection or verified geo-tagged photos → fast draw ACH/wire.
Banks vs. Private Loans
Close in 10 - 15 days
Distressed property support
Underwriting focus on budget
Fast Draws
No Income Docs Required
Local Market Insight
Why build here:
- Stable anchors: Augusta University/Medical Center, Fort Eisenhower, Savannah River Site
- Downtown Augusta revitalization (Broad St./Riverwalk) supporting retail and mixed-use
- Logistics demand along I-20/I-520 corridors for light-industrial/flex
Considerations we already plan for:
- Civil/stormwater and utility/tap fees can affect early draws—budget contingency 5–10%
- Historic/urban core sites near Broad St./Olde Town may need design approvals
Weather windows for exterior scopes; secure materials staging
FAQs
Yes—combined land + construction is available case-by-case with approved plans and budget.
With a complete file and clear title/survey, many ground-up loans close in 10–21 business days.
No. We’re asset-based and focus on the project and exit.
Ready to build in Richmond County?
Get a transparent term sheet and faster draws—so your crews stay moving. Apply now for fast approval Or call: (800) 664-7505.