All Forum Posts by: Matt Huneycutt

Awesome,

What do you provide for your investors? What level of investor are you interested in? For instance, is your business geared toward small SFR or luxury homes?

Welcome Ken. What is your involvement in RE?  Investor, wholesaler, entrepreneur?

Matt from Charlotte

Josh, 

What is your experience level with development?  Have you factored timelines, carrying costs, fees, plans, permits, grading, etc?  All things your prospective investor will need to know from the start. 

It sounds like a nice little project!

Matt

Chris,

You provided some extremely valuable insight to the folks who needed it most.  That is inspiring. It goes to show that solving other people's problems brings great rewards. I hope to model my business with the same mind set. 

Let's hear how you sold this to your wife!

Matt

You are my hero!  Can't wait to see how this pans out. I just landed a 5-6 unit subdivision, with a 1.5 yr option. The owners will stay and live for the duration of the submittal process. Better than a rent back. That was as close as I could get to a zero down multi unit build. 

Could you detail the process of acquiring your lending? I'm all ears. 

Matt

PI is short hand for Principle and Interest. PITI is short hand for Principle, Interest, Taxes, and Insurance. These are what are referred to as your "debt service" in many formulas on the property.

Cheers!