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29 December 2024 | 7 replies
Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home 7 mil credit line ... new budget for each plan that has been pre appraised in the MAI at the beginning of the project.. they did have to update the Mai last summer but again did it at their cost not mine.. banks have to paper their files.. even though we are selling the same floor plans for 100k more per plan than the original numbers came it at and bank has been paid and has all the closing statements showing this data..
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8 January 2025 | 34 replies
There are multiple fix & flips All around both areas from pre-foreclosures to prior swatted homes.
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23 December 2024 | 15 replies
Giving them a laundry list of items will typically just overwhelm them and create more confusion instead of giving them a smaller step process to get more confidence to get the ball rolling and then they can get into the weeds on their state when they get the contractors out there, have local bids come in, and dial in their plan.
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17 January 2025 | 37 replies
The loan officer should be asking you about the title company you are using for the title search and the closing.The scammer is going to try and explain away some upfront fee of $300 to get the ball rolling.
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20 December 2024 | 12 replies
Baselane rolling out this feature was a game-changer!
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24 December 2024 | 5 replies
So feels like a roll of a dice to me.
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24 December 2024 | 5 replies
Prior to 1976 they were considered pre-HUD.
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3 January 2025 | 26 replies
Here are some key steps to get started with the BRRRR method:Keep Learning: Stick with reading and watching videos from experts like David Greene and Brandon Turner.Get Your Finances in Order: Save up for a down payment, check your credit score, and look into getting pre-approved for a loan.Research Markets: Find neighborhoods with growth potential and high rental demand.
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20 December 2024 | 3 replies
In some places, from what I read in Forbes, even a finished outbuilding might be noted separately rather than rolled into the main house’s footprint.
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22 December 2024 | 24 replies
Nationally, the levels of pre-existing home sales are back at 1995 levels mostly because of the interest rate conundrum, so I'm interested to know what's happening in your area that high rates are causing more people to sell?