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16 January 2025 | 10 replies
Most new construction deals require you to give up to a 10-year warranty on some items while most fix and flips come with very little extended liability after the sale excluding gross negligence which is not stopped by an LLC in any case.
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20 January 2025 | 62 replies
there was a follow up post where someone got a loan from them but for realistic rates 8% or so and few points.. under 6% private / hard money simply does not exist unless its a family friends type situation. that bank rates or lower right now for new construction or fix flip
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5 January 2025 | 23 replies
I'm presently a facilities engineer by trade, who does some construction and maintenance for landlords on the side, hoping to get back into the private real estate game.
2 January 2025 | 2 replies
BUT, I am sick living in construction and would like to move to a new home and then finish fliping and sell or hold the two homes asap.
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16 January 2025 | 13 replies
Denver Union Station Project (Colorado): The city exchanged several smaller parcels of land with a private developer, who in turn constructed a mixed-use development that included retail, office space, and residential units.
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1 January 2025 | 22 replies
These larger construction companies are able to do up to 25 projects at a time and even have in-house project managers.
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2 January 2025 | 2 replies
By paying off the land loan through the new construction, it removes that lien and allows the construction loan to move into 1st position.
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2 January 2025 | 3 replies
Hey @Chi Lo - I actually have a video on my YouTube page about this (lookup ClosedByMo on YouTube).Regarding walls being damp and waterproofed, it means there needs to be waterproofing on the basement retainer walls (this is something you can do post-construction and the contractors would need to dig around the house exposing the basement/foundation to apply the waterproofing).
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29 January 2025 | 40 replies
This is still under construction and the pictures are obviously rough edits but you can see why this template is so effective.
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12 January 2025 | 8 replies
Also, watch out for any litigation or construction issues that could lead to HOA fee increases down the road.Alternatively, you could consider a good deal on a single-family home or a 2-4 unit property.