
10 December 2024 | 2 replies
If you are borrowing for renovations, you will likely have a draw fee in the $100-300 range per draw.Selling costs: biggest one is commissions.

9 December 2024 | 24 replies
Hard Money typically funds 90% of the purchase price and 100% of the rehab on a draw schedule.

9 December 2024 | 4 replies
Just curious if you mean that the tiny home itself is the draw, or the area in which the tiny home is located is the draw.

10 December 2024 | 26 replies
Maybe it can be a little cheaper on subsequent deals, if you aren't changing much.Loan apps: while you may be able to have some investor money funded before this is due, you may not.

9 December 2024 | 8 replies
Just crunch the numbers and ensure the terms work for your deal.Hard money typically funds up to 90% of the purchase price and 100% of the rehab costs on a draw schedule.

8 December 2024 | 1 reply
By way of example, a lender may charge retainage, only release soft costs upon C/O, may limit loans to a set number of draws or only allow draws once a certain dollar amount of work has been completed.

12 December 2024 | 10 replies
A festival that draws 250k people is pretty big time - are you sure about your numbers?

9 December 2024 | 2 replies
How would some of you guys go about drawing up a contract between us and the family member.

12 December 2024 | 7 replies
I got good at estimating renovation costs by making an initial estimate based on photos/walkthrough, drawing up a model like you see here, then once the project is finished, go to accounting, get the actual expense report for that property, and update the model.

6 December 2024 | 15 replies
A garbage disposal should be on a separate circuit, as they can draw a pretty decent Amp load.