Robert Jackson
Spec Build - How to finance?
18 December 2024 | 6 replies
Looking for guidance on options. new builds aren't hard to finance and I would argue they are preferred to existing fix and flip loans, especially if you have experience. banks look at your experience, your builder's experience, loan structure, permits, etc you need to get an experienced builder familiar with advanced underwriting and negotiations with local, regional, and national lenders. in columbus we do ground up construction for clients at a 20% discount so they can BRRRR out of the new build with equity and we have pages and pages of data on what we build and why and it's all supported by market statistics.
Richard Schubert
Stabilizing a “C” neighborhood SFR: Curious how long for others.
16 December 2024 | 4 replies
What type of interview do you do with existing tenant(s) to ask them about maintenance issues?
Blake Grzybowski
Can't find Pre-Foreclosure Properties
15 December 2024 | 8 replies
Firstly, well done for persevering and trying every avenue you thought would get you the data you needed.Most would have caved earlier and handed out there hard earned cash for old, saturated leads/records from the same prominent platforms which dump them pretty much when they receive them from either 1).the same large brokers AFTER the county has listed them on the county website or, 2). from the counties themselves directly AFTER the county has listed them on there own website, or, 3). from data scrapers on Upwork/Fiverr who scrape the data from those same platforms AFTER the counties/brokers sell those platforms the data being scraped by the freelancers.Anyway, rant aside you seem to of made the same mistake i made when I first started branching out away from providing leads to my original couple of clients i got from Upwork who wanted me to scrape data from court records in FL for pre FC leads.Simply, I didn't know where to look for the information I needed in states outside of FL.FL only allows the judicial route to foreclosure so I only needed to know/find/scrape the data from Lis Pendens documents for counties they requested.
Peter Dukaj
Comps on a complete renovation
16 December 2024 | 1 reply
I'm no appraiser but have plenty of fix and flips as well as new construction but IMO, it will be existing home.
Trevor Blount
Adding a story, worth it? Estimating
17 December 2024 | 2 replies
Can your existing box support the addition?
Himateja Madala
STR evaluation in Kissimmee(Reunion)
9 December 2024 | 21 replies
Is kissimmee still a good area for STR or saturated.
Cathy Fitzwilliam
BRRRR in San Diego for new investor
21 December 2024 | 11 replies
If you can't find an existing multifamily to pencil out try to identify something that you could add an ADU to or a larger single family home you can split into more than one unit using ADU rules.
Kevin Oh
Shopping around for better rates
18 December 2024 | 12 replies
I’ve had several investor clients go with a new (to me)/ unproven lender because of a slightly lower rate promise only to get burned by that lender (closing costs were higher, appraisal costs much higher and appraisal was a nightmare, main point of contact gave us the clear to close as we passed our financing contingency then just before closing someone from the underwriting department we previously didn’t know existed said we need a few more days and seller didn’t agree because they had a higher backup offer, jeopardizing the earnest money and losing the property, etc).
Feroz Penangwala
Are You Actively Investing in Real Estate?
18 December 2024 | 5 replies
We are solely working on assisted living:- Buying homes and leasing them at higher than market rates to these business operators- Purchasing existing businesses with the real estate- Developing / building newFor us, the business makes the real estate cash flow, we can create a massive impact, and the demand outpaces supply and will continue to be that way for the next couple decades.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
In the “c” offering solicitation and advertising is allowed, and no preexisting relationship need exist.