All Forum Posts by: Garrett Vaeth

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Garrett Vaeth has started 7 posts and replied 13 times.

Hello, I'm curious and just looking for opinions as if it is possible to get a HML for a new construction of SFR with 0% down in northern AZ.

This is my circumstance… I own the lot free and clear. I currently have a “glamping”structure grossing over $7k a month. I’m looking to remove it and build a cabin for short term rental (Estimated cost $110k) I will self perform some work but not all. I’m in the process of pulling permits now. Based on comps in the area it should appraise between $220-250k. The property is considered rural.

Although I’m technically a new investor I do have over 10years of experience in project management/ estimating commercial GC.

1 Vote

**Posting again in what I believe is the right Forum. **

Hello, I'm curious and just looking for opinions as if it is possible to get a HML for a new construction of SFR with 0% down in northern AZ.

This is my circumstance… I own the lot free and clear. I currently have a “glamping”structure grossing over $7k a month. I’m looking to remove it and build a cabin for short term rental (Estimated cost $110k) I will self perform some work but not all. I’m in the process of pulling permits now. Based on comps in the area it should appraise between $220-250k. The property is considered rural.

Although I’m technically a new investor I do have over 10years of experience in project management/ estimating commercial GC.

0 Votes

Phoenix, Arizona

Hello, I'm curious and just looking for opinions as if it is possible to get a HML for a new construction of SFR with 0% down in northern AZ.

This is my circumstance… I own the lot free and clear. I currently have a “glamping”structure grossing over $7k a month. I’m looking to remove it and build a cabin for short term rental (Estimated cost $110k) I will self perform some work but not all. I’m in the process of pulling permits now. Based on comps in the area it should appraise between $220-250k. The property is considered rural.

Although I’m technically a new investor I do have over 10years of experience in project management/ estimating commercial GC.

0 Votes