Funding Modular Homes

From the Ground Up

The TBPG Modular Home Program provides real estate investors with the essential capital needed to construct brand-new modular homes from the ground up. Tailored specifically for those in the real estate sector, our program is ideally suited for investors who are working on lots that are currently devoid of any existing structures. Whether you are focused on installing entirely new modular homes or are looking to replace previously demolished buildings, our program is designed to support your investment endeavors and help you create modern, high-quality living spaces that meet today’s housing demands. With our financial backing, you can transform vacant lots into thriving communities.

“Why TBPG” highlights the program's key benefits:

- Transform vacant lots into lucrative income-generating assets that contribute to community revitalization.

- Specifically designed for both new modular installations as well as replacement builds, ensuring versatility in project options.

- Offers comprehensive investor-centric support that guides participants from the initial application phase through to funding and the final stages of construction, making the entire process seamless and efficient.

Who It Caters To:

The program is particularly beneficial for real estate investors who are focused on maximizing the potential of developing empty lots. It serves investors looking to replace structures that have been razed, as well as buyers who are seeking to expand their rental portfolios, whether that be through single-family rentals (SFR) or small collections of properties. Additionally, it is tailored for local developers who have aspirations of establishing a scalable building model that can adapt to diverse market needs.

How It Operates (simple 5-step process):

1. Submit detailed project information, including specifics about the lot, market analysis, and the proposed development plan.

2. Conduct a thorough funding evaluation and a compatibility check to ensure the project aligns with program criteria.

3. Navigate through the path to approval, which includes understanding and fulfilling any closing prerequisites necessary for funding.

4. Disbursement of funds occurs to facilitate reaching key construction milestones, ensuring that projects progress smoothly and efficiently.

5. Executing the build, followed by tenant placement or sale of the newly constructed homes, and replenishing the cycle to repeat the process for future projects.

Eligible Funding:

The program supports a range of funding needs, including the purchase of modular home units, site preparation, and installation costs. It also covers utility connections where applicable, as well as necessary permits and other project expenses, provided the applicant meets qualification criteria.

FAQ:

What types of projects are eligible?

• Is an existing structure required? (No—vacant lots are perfect candidates for this program.)
• Can it be used for demolition and replacement? (Yes—replacing demolished structures is fully included in the program.)
• How quickly can the process be completed? (Typically, the entire process can be finalized within 60 to 90 days, allowing for timely project execution.)