All Forum Posts by: Jacob Sherman

so if its a full gut probably not since starting from scratch any way . May make sense if you feel there are foundation or other structural issues though . If doing a light rehab depending on the scenario sometimes an inspection is good if planning for just a cosmetic not to have any surprises later in the project 

Yes lenders definitely have options for first time investors and first time buyers 

Yes ! At the size lenders will ask for 30% down on the purchase and provide 100% of construction 

yes absolutely ! There are some that go down to 15% 

APR includes your fees and points if any

can definitely come down into the 6's with a couple points 

Your local credit union is definitely best for when building a primary 

Would have to go through a court process if want to negotiate a different amount 

Will you be living in the property ? 

What type of properties and scenarios are you looking at ?