FAQ's
Frequently Ask Questions
The earlier, the better. Factum’s Site Feasibility service is designed to help investors understand whether a parcel is suitable for development before committing significant capital. The evaluation looks at key factors such as zoning, buildability, site constraints, utilities, and preliminary construction costs, helping you determine whether the property should move forward to the next stage.
A Site Feasibility study evaluates the development potential of a specific parcel. Factum reviews zoning classification and setbacks, buildability, site constraints such as easements, topography and utilities, and provides a preliminary construction cost range. The process concludes with a professional GO or NO-GO recommendation to help you decide whether the property warrants further investment.
Yes. A property can be technically buildable and still not make financial or practical sense to develop. Factors such as difficult topography, access, utility limitations, stormwater requirements, zoning restrictions, or higher-than-expected construction costs can significantly affect project economics. A GO/PASS assessment helps identify these risks before you commit additional capital.
Several factors can affect a site's feasibility, including zoning and setbacks, topography, easements, utility availability, access, drainage and stormwater requirements, environmental or site constraints, and anticipated construction costs. The purpose of the feasibility process is to identify these issues early, before they become costly problems.
A site visit can provide valuable context that may not be apparent from desktop research alone. Physical site conditions, access, topography, surrounding development, and other factors can influence how a property performs in practice.
Factum's current Site Feasibility process is designed to provide a professional go/no-go assessment within approximately 5–10 business days.
Yes. Construction budgeting is an important part of Factum's preconstruction process. As a project progresses, the level of cost detail increases, from preliminary construction cost ranges through quantity takeoffs, baseline estimates, value engineering, subcontractor pricing, and lender-ready bid documentation.
Title review should be considered as part of the early due-diligence process, before significant resources are committed to design, engineering, or construction planning. The exact timing and scope of title work should be determined with the appropriate title and legal professionals.
Factum team to confirm: Factum's specific role in or recommended timing for title review.
Depending on the property and project, evaluation may involve a general contractor, surveyor, civil engineer, architect, geotechnical professionals, and other specialists. Factum brings construction and preconstruction expertise to the process while coordinating with the appropriate professionals as the project requires.
No. Factum's Site Feasibility service is designed to help investors evaluate a parcel before moving into more extensive preconstruction or construction. You do not need to have every development question answered before reaching out. Factum can assess the property and help determine the appropriate next step.
Yes. Factum provides a structured progression from site feasibility and preconstruction through full general contracting. Its preconstruction services include budgeting, value engineering, scheduling, permitting-path planning, and lender-ready documentation, while Construction Delivery includes general contracting, site supervision, subcontractor procurement, cost reporting, draw documentation, and quality control.
Factum's Site Feasibility service is currently $499 as a flat-fee engagement. The service is designed to give investors an early assessment of a parcel before committing to more extensive preconstruction or construction work.
provide the full property address and/or parcel identification number, the intended use or project type (such as a single-family residence, spec home, or ADU), the approximate target square footage or program requirements, if known, and any known easements, deed restrictions, or HOA requirements.
A GO recommendation means the property has cleared the initial feasibility assessment and can move into the next stage of planning. Depending on the project, the next step may include market intelligence, architectural design, detailed preconstruction, and eventually construction. Factum's service ladder is designed so investors can progress through these stages as the project becomes more defined.
Site Feasibility is an early-stage assessment designed to determine whether a parcel works before significant capital is committed. Full Preconstruction goes much further, including quantity takeoffs, a baseline construction estimate, value engineering, preliminary scheduling and permitting strategy, and lender-ready bid documentation.
Factum can continue supporting the project beyond the initial feasibility stage. Its service ladder includes market intelligence and architectural design options that can help determine an appropriate product and translate the validated concept into lender-ready plans before moving into full preconstruction.
Ground-up single-family and small infill programs, build-for-rent (BTR) SFR/Townhome, where tight cost controls and lender-friendly reporting are critical.
A typical package includes: quantity takeoffs, a baseline estimate, a short-list of value engineering (VE) options, a preliminary schedule, a permitting path outline, and a bid tab format to run competitive subs. Turnaround for a standard SFR plan set is usually 15–30 days, with one coordinated revision cycle included.
Yes. You can select only what you need. We also offer Design Coordination (Owner/Architect/Engineer liaison, VE clarifications) and Permitting Assistance (application prep, submittals, tracking). These add-ons are separate.
We start with clean quantity takeoffs and a transparent baseline estimate, then present VE options that quantify rent/sale impact, lifecycle costs, and schedule implications. Our bid tab format drives sub comparisons.
We recommend an owner contingency aligned with project risk and market conditions. Changes follow a process with pricing transparency, schedule impact notes, and owner approval before execution.
Cost-plus percentage. Our fee is a percentage of hard costs with a minimum fee floor per project. For programmatic starts or multi-home pipelines, volume incentives/discounts may apply.
Preconstruction: 15–30 days for standard SFR plan sets. Field start depends on permit lead times, financing readiness, and trade mobilization. We publish a preliminary schedule in preconstruction and refine after permitting/sub awards.
Yes. We can align to a start cadence and adjust site logistics, procurement, and supervision to match investor cashflow and lender draw timing.
Sub selection is driven by performance history, capacity, safety record, financial stability, and bid completeness. We run QA/QC checklists, coordinate inspections, and enforce closeout standards.
Early risk surfacing in preconstruction, lead-time mapping for long‑lead items, VE alternates, and proactive Jurisdiction coordination. We adjust sequences and procurement to protect the critical path.
Yes. Proper licensing and insurance are maintained for all jurisdictions we serve. We can provide COIs and references upon request.
Yes. We align with lender compliance, lien waivers, and documentation standards. If you have specific templates, we’ll integrate them into our workflow.
Plans (latest set), soils/geotech (if available), site survey, utility info, any lender requirements, target budget, and desired schedule. If you’re early, we can start with conceptuals for order-of-magnitude budgeting.
Share your scope and location. We’ll confirm fit, propose the preconstruction a la carte package, and issue a short Preconstruction Agreement with the 120‑day credit clause. If awarded, we roll immediately into procurement, permitting finalization, and schedule lock.