Portland Lot Partition and New Construction
AIC’s client purchased an existing duplex on a large lot in SE Portland, completed a cosmetic remodel, and then leased each unit. The client completed a lot confirmation with adjustment to create a new building lot and demolished the existing garage. AIC then financed a new single-family spec home featuring three bedrooms with three baths. Our client refinanced the duplex to retain as a rental and immediately sold the spec home upon completion.
AIC specializes in value-added development and construction projects just like this. Call AIC to see how we can assist with your lot partition or lot confirmation projects and ask about our two-step loans.