Hello BP community ,Looking to get insight/opinion on buy new construction for investment in Washington court house ?

We are going to be self managing our properties from out of state, and need someone who can show prospective tenants property, allow maintenance workers/inspectors in, and to hold our key.

Purchase price: $4,000 Cash invested: $15,000 Bought land with 5 mobile homes on it cleaned it up now it's my construction yard.I would like to buy the land behind me and convert it!

I wanted to learn how to build and fix interior construction.

Also I feel like I could offer more with seller financing, but confused on how to come up with that amount of $$$ for the rehab, pay off the balloon AND construction loan.

.- Operating Shortfall Coverage: Addressing operational shortfalls during challenging periods.Objectives of Mezzanine DebtThe primary objectives when using mezzanine debt include:- Project Stabilization: Completing renovations, construction, or improvements and then stabilizing the property with 90%+ occupancy.- Interest Rate Management: Buying time until interest rates normalize or decline.

Having been in many aspects of real estate throughout my career my favorites are ground up construction and note investing. right now note investing takes the cake as it can be done in any environment whereas ground up right now is very challenging. 

Hey 1031 experts I have a scenario question for you.Bought an apartment building with a construction loan of $565,000.

Market in a MinuteEast Tennessee home sales increased 5.2% from the previous month, and increased 9.3% from a year ago.The median sale price was $374,950 — up 7.13% from the previous year.Total housing inventory increased from the previous year – up 43.2% from a year ago.Half of the homes sold were under contract in 15 days or less, up from 9 days a year ago.44.61% of homes sold for the asking price or above, with 23.72% selling for more than the asking price. 10.32% sold for at least $10,000 over asking and 4% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98% – down from 98.6% a year ago.New construction represented 13.28% of total home sales.If you want to nerd out on the market here I'm always happy to chat.

I am a licensed Lead inspector in New Jersey for anyone who needs an inspection to get compliant with the new lead law in NJ.