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27 January 2025 | 5 replies
At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.
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12 January 2025 | 1 reply
Are there other creative options I haven’t considered?
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18 January 2025 | 15 replies
Credit is also going to hinder your ability to get a heloc, and lack of income for now.
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1 February 2025 | 16 replies
If you are using it to buy a turnkey property which needs to produce cash flow to be considered a viable deal how does buying turnkey(Little to no cash flow) combined with HML(High interest only debt) make alot of sense financially?
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6 February 2025 | 10 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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23 February 2025 | 246 replies
I did not go to the best ever conference, but I heard from people who went the sentiment there was the same.
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12 February 2025 | 27 replies
That’s why small towns often go unnoticed by major investors unless they have local ties or connections to the area.Within about an hour’s drive from Lexington, there has been significant activity.
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17 February 2025 | 4 replies
I'm trying to find the best way to connect with real estate investors.
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5 February 2025 | 205 replies
Book a flight from Portland to Orlando rent a hotel and car and go to the planning department and building department in person and get to the folks that were running the permit and discuss paths to completion..
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15 January 2025 | 2 replies
For us STR hosts, I know we are very conscientious about guest experience and I want to be proactive about doing things to ensure my business operates successfully.Thanks!