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24 January 2025 | 3 replies
You’d be shocked by how little actual screening many PMC’s do!
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30 January 2025 | 19 replies
Look, I get it, your "jelly" for whatever reason.
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16 January 2025 | 12 replies
Ultimately, I wound up doing a 92-unit deal my first time around and realized that part of the reason I was struggling to win deals was simply because I lacked the credibility to be do so.
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31 January 2025 | 26 replies
AirBnb's is just 24 hours (and reasonable).
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22 January 2025 | 1 reply
., 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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27 February 2025 | 23 replies
It also scrapes MLS for properties sitting 90+ days and reaches out to sellers who might be open to creative financing.Another big one: it sends out offers in bulk, tracks responses, and helps me focus on the ones that actually move forward.
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11 January 2025 | 8 replies
FHA will not use any short term rental data.Something else to think about - any reason why you wouldn't use a Fannie Mae loan here?
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27 January 2025 | 12 replies
You can still achieve it, but finding deals that actually pencil out on all criteria (low enough purchase price, low enough renovation cost, cash flows on the backend, all cash out at refinance) is pretty hard.
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15 January 2025 | 18 replies
You would actually be borrowing less money than originally but at a higher rate.
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24 January 2025 | 7 replies
Exactly the reason to have an Architect on your team to join in on these conversations ESPECIALLY in existing renovations in older homes.