All Forum Posts by: Pradeep Ka

great information Michael . thank you very much for details . 

thank you for responding 

I want to purchase a land and build SFH subdivision after 2yrs based on the market trend.
 

Hi Everyone-

1.Do you have any suggestions on commercial loans to purchase a land . I am looking for longer amortization period. 

2.I will be purchasing a land and leave it for a yr or 2 . So it’s not like fix and flip .so the hard money lender a good idea?   

 

@Alecia Loveless thank you for your response and valuable suggestion.

I haven't thought of future loan.its a very good point .

Currently I own 2500 sqft house in a good location, and recently bought a rental property and rented.

Option 1 - I was wondering if it's a good idea to buy 3500+ sqft house(like an upgrade as family is growing ) and move in. Then rent out 2500 sqft house, in this case 60k downplayment as 10% .

Or

Option 2 - Buy another rental property and look for a tenent. In this case I have to put 80k as 20% downpayment.

I m not sure if I m thinking in the correct way or not .

Experts please share your thoughts.

Hi Justin -Welcome to Bentonville. Regarding Bike Trails you can lookup for Back 40 Trails and Little sugar Trails. 

@Mary M. Most valuable questions to ask ourselves while making risky moves.

@Ciji Masser we are in the same boat.. Happy investing.