Paul Stewart
Monday Mindset...What is your goal?
2 December 2024 | 0 replies
I think stepping into development and new construction could be an exciting path to explore.What’s your take?
Bryan Hartlen
Any recent experience with Conventus Hard Money Loans?
1 December 2024 | 2 replies
They did not do construction draws you needed your own cash for that.
Jessica Wix
Long Term Investment Property 4
1 December 2024 | 0 replies
New construction, builder preferred lender helped buy down rate, I negotiated builder to add appliances and blinds, and negotiated price.
Devin James
It all comes down to marketing and pricing
3 December 2024 | 5 replies
We sold 1 new construction home on Friday, 11/29, and have 4 more set to close in December!
Shane Sours
Veteran that is new to real estate investing
30 November 2024 | 2 replies
A ground-up construction loan for a new investor on some vacant land would also be a no-go as you must be able to show successful exits (refinance or sale) from a few projects before that's an option.So, we need to be able to see funds in your account that can cover the down payment, closing costs, and some reserves left over that will allow you to start your rehab.• No entity to close in: Though an LLC/entity is not a must-have, it's a nice-to-have prior to seeking financing.
Roger Mace
Are Your Loans Recourse or Non-recourse, Know the Difference
29 November 2024 | 9 replies
@Roger Mace I would be skeptical of a lender who holds themselves out as a non recourse construction lender.
Charlie MacPherson
Only one spouse signed a "view easement". Now what?
3 December 2024 | 9 replies
If a builder were to construct a house in front of theirs, the view could be much less attractive.Any ideas on how to proceed?
Paul Merriwether
Has anyone heard of Scott Jelinek and his Slow Flip strategy?
2 December 2024 | 34 replies
This method allows them to rehab multiple properties at the same time then the construction contractor sells them at market value to a buyer.
Dennis Tidwell
BUILT TO RENT: New Modern Home in Downtown Griffin, GA
30 November 2024 | 1 reply
Affordable Construction: Thanks to the small footprint of these homes, Griffin Modern’s designs avoid costly engineered lumber.
John Wright
Creative Financing Deal in Austin
30 November 2024 | 1 reply
If the appraisal deems it to be "Subject to" you will have to use a renovation loan/construction loan to repair and close.