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18 February 2025 | 17 replies
Also insurance is much cheaper in SC than FL.
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20 January 2025 | 0 replies
The very tragic LA fires have generated a lot of discussion about insurance costs.
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5 February 2025 | 205 replies
Did you try a local CU or bank for a construction to permanent loan?
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27 January 2025 | 10 replies
I 100% endorse adding in the escrows for taxes and insurance to set the buyer/borrower up for success.
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21 February 2025 | 28 replies
Although insurance may help rebuild your property, the community's recovery could take years or never fully happen.
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2 February 2025 | 17 replies
There is a reason banks don't make loans on stocks.
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1 February 2025 | 56 replies
That (and insurance issues) are two big risks.
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29 January 2025 | 11 replies
Conventional loan, 25% down at ~7% interest rate How did you add value to the deal?
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10 February 2025 | 12 replies
All-In Costs & Profitability-ARV: $450K-Purchase Price (financed): $170K-Repairs: $150K-Holding Costs & Financing: ~$20K–$30K (insurance, taxes, utilities, interest, etc.)
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20 February 2025 | 10 replies
Also, separate bank accounts from day one, get insurance (builder’s risk is a lifesaver), and don’t skimp on an attorney when setting up your partnership.