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16 August 2024 | 17 replies
Additionally, national lenders like Chase and Wells Fargo have strong multi-family loan programs that cater to out-of-state investors.Scaling OwnershipGiven your available cash and equity, here are a few strategies to consider:Leverage Existing Equity: Utilize the equity in your current properties through a cash-out refinance or HELOC to increase your purchasing power.Partnering with Other Investors: Consider syndications or joint ventures, which can help you scale more quickly without using all your own capital.Diversify Markets: While the Midwest is great, keep an eye on emerging markets across the country that may offer similar benefits.Focus on Value-Add Opportunities: Look for properties where you can increase value through renovations or improved management.I specialize in selling new construction duplexes in downtown Indianapolis, and I’ve found that multi-family properties here provide strong returns.
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13 August 2024 | 4 replies
I have done different developments in the past, but do not have a proforma to fit the type of rent/construction for flex space.
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14 August 2024 | 15 replies
I have a network of different lenders i can suggest, contractors, inspectors, realtors and other investors etc etc What i'm looking to do is now focus on the flipping itself
12 August 2024 | 2 replies
Then the inspector gives results to the insurer, they decide whether to cover it, and issue a policy a few days later.
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14 August 2024 | 6 replies
Jay, the deposit gets the ball rolling on the construction end and ensures that the buyer will move forward with the deal as in any contract.
13 August 2024 | 2 replies
Additionally, once micron (a large microchip processing plant) is up and running (construction is underway) there are expected to be nearly 50,000 additional jobs created in the immediate areas.
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14 August 2024 | 11 replies
Tell them you need a construction loan, interest only, to be converted to a SBA loan.
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13 August 2024 | 2 replies
With extensive experience in the construction industry and as the owner of A+ Professional Painting LLC.
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8 August 2024 | 2 replies
Just curious if anyone has any experience getting into real estate investing via becoming a home inspector and kind of grasping the field.
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13 August 2024 | 5 replies
I've already bought the property because I was afraid of rising rates (got a 3.4% thank goodness because they're literally in the 7s now), but it's still costing me 1800/month before construction starts.