I've been looking at some projects and have a couple people that may be interested in putting up some money.  I'm a bit confused about the legality/difference between what is considered private funding and what is con...

I got my survey back yesterday and the neighbors deck is .4 feet or about 5 inches over the line on my side.

@Sasan Nemabakhsh I can lend directly on the construction of Assisted Living Facilities through our HUD 232 program: 40 year fully amortizing plus construction periodMax LTV:90% of HUD Replacement CostSNF/ILU: 80% (For Profit, 85% (Non-Profit)ALF: 75% (For Profit), 80% (Non-Profit)DSCR: 1.45xRate: 4%-5%Non recourseAssumable We recently closed a 176-bed SNF in Detroit.

Take a property like that, on the MLS, pay market value even for its current state, and unlock the hidden value by adding beds and baths in a cost effective manner (converting attics and/or basements, converting the garage and then adding a detached garage structure, etc).

Bottom line - budget for a potential loss of X amount (whatever you're comfortable with) and just make a move.

Can you get a home equity line of credit?

I'll keep a closer eye and perhaps offer them a small decrease to incentivize them to stay if the price is out of line next spring.

Feel free to post if you have any questions on specific line items within the calculators.

There's a worst-case-scenario financing lined up at 15%/5pts, which is almost insulting, but they make it really easy to work with them.

Does anyone know of a lender in Washington who will do a home equity line of credit (HELOC) on an investment property ?