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26 December 2024 | 1 reply
Now, either I'm not posting in the right places of i.e Cragslist / BP etc or my ads aren't as well constructed as I think they would be to attract motivated sellers.
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24 December 2024 | 4 replies
100% Financing on acquit ion + construction.
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24 December 2024 | 5 replies
Many other projects have reduced or suspended planned CF distributions and I've also had a few capital calls in which I did participate since the business case still made sense (the MF in Florida had a capital call to finish construction and get through stabilization and it still returned the 32% IRR).I expect almost all of the deals to be OK, just later exits than originally projected.I am very concerned about one project and have already written it off in my head.
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2 January 2025 | 13 replies
The Suburban markets with New construction offering decent builder buy-down rates 5s %, and selling completed inventory homes to investors is an opportunity we’re pointing investors to, as well as Duplexes outside the city, that’s where we’re finding some of the best options to get closest to positive cashflow with 20/25% down.
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25 December 2024 | 60 replies
Quote from @Suganya Vinayakam: I'm currently constructing an ADU in Southern California.
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24 December 2024 | 3 replies
These can sometimes have more flexible terms than standard construction loans, especially if you can demonstrate strong income through your bank statements.
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9 January 2025 | 21 replies
Cost of construction keeps going up so you need to spread out the cost over multiple units.
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22 January 2025 | 56 replies
So I think the operative wird is balance.Note - Most of my career in Construction was spent working for exremely wealthy people that you speak of. ($12 mm dollar houses and all that....)
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23 December 2024 | 17 replies
For perspective, last April I closed on a new construction loan (build to rent) with a turnkey company there (Rent to Retirement).
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10 February 2025 | 71 replies
Basically all up and down the mid west markets.but you get to other areas of the country were used houses sell for more than New construction and there are low inventories etc.. and trying to talk someone into a lease with the option to buy is much tougher to a basic non starter..