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16 January 2025 | 3 replies
Hi Steven,It sounds like you and your wife, Renee, have a wealth of experience in the real estate and construction fields, which is a great foundation for starting your real estate investing business.Given your background in residential remodeling and home inspections, and Renee's experience as a real estate agent, you're off to a strong start.
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11 January 2025 | 3 replies
I was previously in construction equipment rentals and did real estate on the side.
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1 February 2025 | 30 replies
In my market of Oklahoma City, you can buy new construction under $250k in good school districts.
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20 January 2025 | 12 replies
I'm a real estate investor specializing in STR properties, a realtor, and I own a construction company.
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24 January 2025 | 12 replies
There are lenders out there that will allow you to do a loan on something bought mid construction and is uninhabitable.
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21 January 2025 | 11 replies
To fully illustrate this, there was a poster who was looking for 100% financing for construction in Philly but also wanted the lender to advance costs for the initial phases of construction.
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21 January 2025 | 3 replies
If you decide to sell one of your houses, it could be an excellent opportunity for an investor looking to capitalize on the strong demand for student housing in the College Station/Bryan area.As a real estate investor, realtor, and owner of a construction company in College Station, I'm happy to help in any way I can.
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6 February 2025 | 19 replies
My cash to close was 62k because of construction holdback from lender.
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12 January 2025 | 2 replies
I have 2 options:- finance the construction pre-selling the apt, and take my profits (expected to be around 700K pre-tax); or- finance the construction with a 6-7%/year loan (collateral = my house), keep the 10 units, and once the building is completed in 24 months, rent them for circa 180K/ year gross.
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20 January 2025 | 1 reply
Further enhancements included constructing a back deck and repainting the interior to modernize and enhance the home’s appeal.