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30 January 2025 | 6 replies
I currently struggle with knowing the right offer price for the homeowner and having the right assignment agreement for Az.
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18 January 2025 | 2 replies
What are the pros and cons of each, and which offers the least restrictions, flexibility and cost savings for my intended purposes?
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22 January 2025 | 2 replies
Follow new listings closely and be definitive in scheduling tours and making offers.
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22 January 2025 | 1 reply
Key Details of the 45L Tax Credit:The credit offers up to $2,000 per eligible unit for builders and developers of residential homes that meet specific energy efficiency criteria.To qualify, the units need to meet or exceed certain energy performance levels in comparison to the national model energy code (e.g., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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21 January 2025 | 4 replies
Some rehab loans offer 90% of the purchase price and 100% of the rehab costs.
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23 January 2025 | 11 replies
I suggest listening to the BP podcasts and reading through the blogs and books they offer.
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29 January 2025 | 11 replies
Some lenders offer discounts to return borrowers so maybe look into both flip and DSCR rates when finding a lender.
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21 January 2025 | 18 replies
@Denise CarringerMy preference is to go local - some community banks offer this type of service or local escrow companies, which is what I found, because they offer a higher level of service than most national.
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18 January 2025 | 2 replies
This property offers spacious townhouse like setting floor plans offering one, two and three-bedrooms.
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23 January 2025 | 24 replies
Here are some indicators to help you assess a buyer's seriousness:Questions: Serious buyers will ask detailed questions about the property, such as maintenance costs, neighborhood amenities, and property taxesStrong Offer: If a buyer makes a strong offer quickly, it often indicates a high level of interest and intent to purchasePrivate Buyers: If approached by a private buyer, ensure they provide a Letter of Intent (LOI) and proof of funds.