All Forum Posts by: Connor Castillo

Hey All,

My brother and I bought a home in Decatur GA. The house is 800 sq ft and we are adding an addition to make it 1,700 sq feet. Long story short, we are very much tied up in the permitting process, waiting for the city to approve. We are now on month 2... On top of all of that, we are unfortunately working with hard money lenders who found a way to change the terms of our loan so we are paying steep interest on the entire loan, verses what we originally agreed to in paying for the interest on the money that is in use. 

All this being said, we are trying to find a way to close this sooner than later. I wanted to ask this community what sort of experience you have had with getting an architect to do a photorealistic rending of what the house will look like, and posting on various real estate platforms. 

Our goal would be to see if we could find buyers who could then come in and help with the final touches like furnishings etc... Also to see if we can close on the house sooner and get out of our hard money loan ASAP.

If someone could share their thoughts or experience with this, I would appreciate it so much! 

Thank you,

Connor Castillo 

Hey BP community, my partners and I are looking for an investment friendly bank in the surrounding Atlanta area. Any suggestions or recommendations would be very helpful!

Thank you,

Connor 

Hi all,

I wanted to see if you all could take a look on my first investment. I am already looking to invest again, so to know where I went wrong with this investment would be very helpful! I know I can get the rent up to $2,100/mo, and according Zillow the appreciation is increasing at 3% rate YOY (not sure how accurate Zillow is). Taxes are low, tenants pay all utilities. I never have vacancy, because I rent to students at the local college, and the rent from May to May, very little inventory in the area. Let me know what other details would be helpful?

Thank you,

Connor Castillo