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12 February 2025 | 5 replies
My background is in construction management, so once the work begins I'll be able to facilitate the construction in a timely fashion and oversee the work that needs to be done well, but my concern is actually getting started.I'd also like to make sure I know the root cause of the foundation failure and am not sure if that would be covered in the inspection or if I'd have to have an additional consultant come out and figure out what is going on.
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12 February 2025 | 2 replies
Great day to all,I've just been soaking up all the online youtube videos from Bigger pockets one after the other and I've made the determination to scale my business massively using the multifamily addition into our (wife and I) portfolio.
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8 January 2025 | 8 replies
It’s a bonus if the bank offering the HELOC also handles BRRR loans — they’ll be more flexible and accommodating when it’s time to pay off the HELOC with a new loan!
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29 January 2025 | 6 replies
@Kevin Connauton most PMCs won't touch this type of renting due to all the additional headaches and liability.We second contacting PadSplit.
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10 February 2025 | 10 replies
You'll want to incorporate interest costs on the HELOC while you're using it, but that will add to your holding costs in addition to utilities, closing costs, etc..
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10 January 2025 | 13 replies
I already have land holdings near Everett that will certify out at 304 salable density bonus credits.To play this game, I get certified and then "clip off" the transferable development rights for sale to urban developers in the county, who can cash them in for an increase in dwelling unit density from an original 22 units/acre to 58 units, and building heights from 45' to 75'.
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6 February 2025 | 13 replies
These are professionals with additional training and a stricter code of ethics.
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24 January 2025 | 9 replies
Many lenders also impose additional requirements such as owner-occupancy, and/or that one lender make all of the institutional loans in the building.- Valuation: The variety of financing products available as individual tenant in common loans remains limited, and the terms are generally less favorable than either apartment building loans or condominium loans.
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7 January 2025 | 16 replies
Being able to shuffle leads from MTR to MTR is a huge bonus and you can benefit from the economies of scale faster.
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24 January 2025 | 10 replies
Whether the seller was open to a buyer commission or not, I wouldn't put an additional cost into any personal purchase.