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series_hybrid t1_iuxfwp2 wrote

Reply to comment by Zeniphyre in Apis Cor may be America's most advanced 3D printing construction company, yet it is shunned by traditional capital markets; 8 years after being founded, it still relies on crowdfunding websites. by lughnasadh

My sister had a house built in stages. They bought a desirable lot as soon as a development opened up.

They got plans made, and instead of financing the entire build, they got a home equity loan to build the foundation and shell (walls, roof, doors, windows, etc).

At that point, they had an asset that was worth something, and they could then take out a completion loan against the structure, and its equity.

This staged process allowed them to have he second house built, and they could then take their time moving in, and selling the first house.

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gredr t1_iv0ojqo wrote

This isn't exactly innovative. Construction loans have been a thing for a long time.

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series_hybrid t1_iv18ecx wrote

I only meant to include it as a point of reference for younger readers who are not familiar with it.

Staged construction Ioan's are well-suited to the 3D printing of the shell of a new home.

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gredr t1_iv1fouf wrote

Construction loans are indeed well-suited to construction projects, yes. That is correct. Nothing interesting here in relation to 3D printed structures.

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series_hybrid t1_iv1i6gl wrote

I disagree, but I do respect your opinion may remain different than mine.

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