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17 December 2024 | 8 replies
I'm getting a contractor/ structural engineer to come by and help me draw estimates and understand how serious these issues are.
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19 December 2024 | 8 replies
Village to Village Network (https://www.vtvnetwork.org/) and Men’s Sheds Association (https://usmenssheds.org/) are successful models of people building community to improve the aging experience.So drawing on Dr Thomas and Nancy’s work and incorporating cohousing and pocket neighborhood elements into my communities, I have chosen to use shipping container homes in areas along the Texas coast where storms frequently cause wind and water damage.
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20 December 2024 | 27 replies
Now it has CA code that protects them from jurisdictions that could advocate for their removal which would result in less safe units being available.It is an interesting dilemma especially if after the initial law they pass a subsequent law extending the dates.
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11 December 2024 | 34 replies
(I literally made my money back for the training on subsequent real estate deals.)
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10 December 2024 | 4 replies
We used the tax assessed value to help determine the value of the land and subsequently our bid.
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11 December 2024 | 2 replies
The market seems to have a lot going for it with the beach, the lively downtown, the historical appeal and the night of lights draw during the winter months.
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17 December 2024 | 16 replies
What I did find is that as a builder in eastern tennessee, I could build STR cabins for less than 70% LTV so that I could effectively BRRR my way into growth without coming out of pocket for a down payment.Now it does take a lot more cash to do because as a builder I have to front a lot of money at times (land, permits, each stage of construction while I'm waiting on the draw).
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17 December 2024 | 14 replies
Hard Money will fund 90% of the purchase price and 100% of the rehab on a draw schedule.
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12 December 2024 | 6 replies
If you go with a conventional loan for the cash out refinance, seasoning periods are longer which draws out the process.
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10 December 2024 | 36 replies
And some of these left HML in a tight spot borrowers could not access their draw money.. this happened just recently to Fund that Flip.. and their borrowers I know i got a call from one of them that was owed 300k in draws that was not coming.I can understand that rates aren't what they are when you close as when you get quoted, but if you offer a "rate lock" and use that term, you need to stick to it even if you aren't required by law to do so.