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22 January 2025 | 7 replies
I would recommend leveraging the BP forums to connect with existing syndicators.
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20 January 2025 | 16 replies
However, after receiving the survey results, I discovered that the house is located less than 1 foot over the sublot line (see attached image).Here are the options I’m considering:Rent the current house for market value (~$1,500–1,600/month) and convert the detached garage into an ADU to rent for ~$1,000/month.Relocate the house to split the lot, then sell the newly created lot (~$100,000) while renting out the existing house.Relocate the house to split the lot and build a new home on the second lot.Demolish the current house and garage, split the lot, and build two new homes.At this time, I am uncertain about the cost of relocating the house.Questions for the community:Has anyone faced a similar situation?
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21 January 2025 | 6 replies
The general idea is that you must acquire an interest in real property you do not already own, and since you already own the subject real property you want to build on, the transaction must be structured so that you are creating an interest in real property you do not already own (in fact, it does not yet exist).
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22 January 2025 | 0 replies
As you grow your portfolio, they can help you secure additional funding, refinance existing loans, and adapt to changing market conditions.Financing doesn’t have to be a roadblock to your real estate dreams.
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23 February 2025 | 246 replies
Portfolio loan against existing assets for immediate payment to investors.
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17 January 2025 | 6 replies
My buddy sold for ~$500k over its existing use value and no contingencies and did not even convey existing tenant’s deposit.
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25 January 2025 | 8 replies
The only reason to look into franchises that flip houses or do renovations pre-sale is because you have existing business that you could leverage on top of this to add more clientele.
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22 January 2025 | 9 replies
Flip side, for a third of that you are trained to find properties using creative finance taking over existing low interest loans that cash flow and you are buying in decent neighborhoods with every day lunch box Joes that have kids and go to work and pay rent on time.
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24 January 2025 | 7 replies
Exactly the reason to have an Architect on your team to join in on these conversations ESPECIALLY in existing renovations in older homes.
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5 February 2025 | 38 replies
The business plan to pay untenable returns is not untenable, it’s non-existent.