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5 February 2025 | 10 replies
However, ensure you have a solid repayment plan to avoid over-leveraging your home.Focus on long-term rentals that generate steady cash flow and offer tax advantages, such as depreciation and deductible expenses.
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20 January 2025 | 5 replies
They will look at the ENTIRE cost of the project and calculate what they can offer you in loan amount.
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22 January 2025 | 6 replies
Find a quality agent in Texas, then ask them if they offer a referral fee.
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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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22 January 2025 | 2 replies
Follow new listings closely and be definitive in scheduling tours and making offers.
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28 February 2025 | 47 replies
We don't have that ability yet, but we are working on offering this option to members in the future so you could poll about specific locations!
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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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18 January 2025 | 8 replies
Maybe they are offering financing because no traditional lender will lend on the building.
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24 January 2025 | 2 replies
So i put in an offer for 10% down conventional loan, $530,000 with 10k back to me for closing costs and it was accepted right away.
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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.