
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.

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.
13 January 2025 | 41 replies
Take it all for what it’s worth, I’ve learned plenty of lessons and made my share of mistakes.

18 January 2025 | 3 replies
However short contract period allows you to pursue other avenues to sell if the wholesaler can't execute on the terms they offered.

24 January 2025 | 2 replies
Start anywhere—offer to assist, intern, whatever it takes—and absorb as much knowledge as you can.

3 February 2025 | 25 replies
These banks are the OG DSCR lenders and will generally offer the best rates and terms.

21 January 2025 | 4 replies
Some rehab loans offer 90% of the purchase price and 100% of the rehab costs.

16 February 2025 | 27 replies
What would be the minimum credit card payment with 0% and the APR after the introductory offer if you can't refinance in six months?

18 January 2025 | 8 replies
Maybe they are offering financing because no traditional lender will lend on the building.

29 January 2025 | 32 replies
(With invested capital, this matters, plenty of people are worth "taking a shot on" in other capacities, just not with respect to managing my money).2) "Is this investment where I'm giving you money the top priority in your professional life?"