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11 September 2024 | 4 replies
I assume they would not finance for me (seller finance), but I was just wondering if anyone has purchased a foreclosure from the VA and if they were able to construct good deals.
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13 September 2024 | 7 replies
I found 2 banks that would back me in the project both offering a construction loan with no payments during the rehab.
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14 September 2024 | 32 replies
It's not a hotel, the houses won't be perfect (unless it's new construction or luxury).
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11 September 2024 | 3 replies
@Yusef PresleyI would avoid paying contractors hourly and make sure there is a construction draw schedule in the contract that clearly outlines when funds will be dispersed to the contractor throughout the project instead of one lump sum payment.
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7 September 2024 | 11 replies
I paid cash for the lot and am looking to finance the build through a construction loan.
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15 September 2024 | 19 replies
This links to the system design.Here is my guess regarding the system size trending (I might be wrong) - Most of the developers I have got in touch with (at lease in CA) are still interested in 1-5 MW projects as more and more transmission project suitable lots were taken/investigated/too expensive to construct.
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11 September 2024 | 4 replies
Hello all,Newbie investor here asking for some assistance analyzing this new construction quadplex.
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11 September 2024 | 3 replies
The market rent needs to be around $1,800 per side and no more than 2k a month (depending of finshes) I'm having a hard time getting someone to nail down a price on construction cost.
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11 September 2024 | 2 replies
There will be equity(but not a lot), and cashflow, when the ADU is finished, but there doesn't seem to be any construction loan options that take 2nd position.
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12 September 2024 | 7 replies
If you still have some time on your lease, you could buy a light value-add SFH with a low-down construction loan.