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8 December 2024 | 0 replies
With 4 years in container conversions, we're transforming shipping containers into modern, efficient tiny homes and small homes.Currently working on a small, 10 home, senior housing development.Expertise: Container home design, sustainable building, alternative housing.Looking to: Connect with investors interested in container homes, share knowledge about factory construction, and learn from the BP community.Feel free to reach out if you're interested in container homes or factory building practices!"
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15 December 2024 | 18 replies
Feel free to reach out if you have any questions or if you want to speak more about investing in Cincy in general!
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9 December 2024 | 10 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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10 December 2024 | 4 replies
Feel free to tag me with a follow up question.
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11 December 2024 | 8 replies
Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.
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8 December 2024 | 26 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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10 December 2024 | 5 replies
You also get free credits on sign up to try them out.
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9 December 2024 | 1 reply
I would also get a 1099G for whatever grant was received so not exactly "free" but could be offset other ways potentially.
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30 November 2024 | 6 replies
Real estate is going to be more rate and supply driven, than election driven.Equities will be election spurred(in the short term) but fundamentally earnings driven in the near term.
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7 December 2024 | 17 replies
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