Take 2 years to build?
We are going the owner-builder route for a new house, and are planning to do a certain amount of the work ourselves. Sure, there are some cost-saving factors, but it is as much about the pride, satisfaction, and enjoyment we get from being materially involved. (We have done extensive renovations on our current house ourselves.)
Due to jobs and kids - and because we are not in any hurry - our plan has been to complete the build in 2 years. The problem is that this doesn't seem to work with construction loans. I have talked with a number of banks/credit unions, and they all say they want the project done in 6-8 months, but will extend the loan up to a year if absolutely necessary. None of them are willing to do 2 years.
Surely others have been down this road before - how do you finance a construction project that takes more than a year?