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28 May 2018 | 5 replies
In my 14 years in the biz, I’ve been in about 15 deals where buyers had them done and only once has it come back as “elevated”(barely above the minimum threshold It was my listing, a garden unit in lake view.
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7 June 2019 | 10 replies
Properties located in flood zones are perfectly fine as long as the heated living area is above the base flood elevation.
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18 February 2021 | 7 replies
Will it require an elevator?
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6 July 2020 | 19 replies
(It is a waterfront home so I had to tear down and elevate due to fema regs)We owe $182k on the original property and when complete will conservatively appraise at $700k... ($750k if market holds)Our plan was to get the house to CO, then HELOC to finish the other guest bathroom, Trim, do backsplashes and other “unnecessary” finishes.Due to covid my banker told me things have tightened up so they won’t loan on a house that’s not 100% complete.Looks like my only option now is utilize hard money to Finish the house to 100% completion.
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15 August 2018 | 14 replies
What if I rented out my house to a Airbnb host, at an elevated monthly rate, and let them sublet the property for Airbnb?
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19 November 2019 | 2 replies
This will elevate your stature as a professional and open up a lot more opportunities for you to monetize deals you can’t buy or wholesale.
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1 October 2019 | 4 replies
I would like to do a cash out refinance for $1.2 million ($600k cash back) for purposes of some completing some common area renovations that are larger than we can complete by dipping into monthly cashflow, renovating our only vacant space, and cleaning up a tax debt (feds, not property tax) that unfortunately built up due to large unexpected repairs having to come out of cashflow.I would also like to obtain a $100k commercial equity line of credit for normalizing our cash flow when these larger unexpected repairs come up in the future (emergency AC unit replacements, boiler repairs, expensive elevator repairs, etc).
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8 March 2020 | 24 replies
The middle of the house was the high point and the perimeter was lower in elevation all around.
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26 March 2019 | 5 replies
Anything off of Euclid Ave. that's not up at the higher elevations seems a little sketchier.
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20 September 2022 | 7 replies
Going through a refi / delayed financing on a property I recently rehabbed and I am just comparing numbers as they seem a little elevated even in the current times.