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19 February 2025 | 88 replies
Right now I am looking at a new construction, we are planning on recouping equity investment through refinance, holding for five years, and selling it to cash in on the appreciation. very knowledgeable post, thank you
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30 December 2024 | 103 replies
Once I have that I will exit my bridge loan to a construction loan.
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31 December 2024 | 6 replies
If you are looking in the area where you live, stop by areas under construction and you can ask.
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6 January 2025 | 31 replies
They will not finance new construction correct?
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1 January 2025 | 11 replies
It would be nice if you had a contact who was an actual mason not a marketer. 1930's construction is rare so maybe they cut some corners it was a global depression.
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29 December 2024 | 14 replies
I'd suggest making sure to get a good GC/construction company for repairs.
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2 January 2025 | 13 replies
Most of the investors I talk with have a hard time finding deals that work on the market.The investors that I work with are finding that New Construction is a good option.
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31 December 2024 | 3 replies
The type of information needed depends on if the building is being constructed in the future or if the building already exists.
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30 December 2024 | 14 replies
I'm looking around to find some investors to take it from me and just feel a little lost with dispo, i want to make my deals super sweet sugar coated cherry on top for all my investors on my list so what i ask is if you can rip apart this deal for me and make sure i have enough meat on the bone for my investors, below are the statsFirst off address, 1011 Richard Bell Ave Perry FLPurchase price $110,000Seller says the bank is willing to let go of mortgage for $91,000ARV $180,000-$200,000Needs new roof (20 years old) and central ac system went down about a year ago (around 4k for 3 ton ac)Ive been in roofing for about 2 years and im estimating the roof will cost between 18k-20kI take constructive and negative criticism very well and i only want to improve, no opinions are unwelcome i want full scrutiny with this deal please.
27 December 2024 | 3 replies
We came to an arrangement where any sale price over $1 million, minus construction costs, would result in a profit-sharing opportunity.I’m currently trying to determine the After Repair Value (ARV) for the property but am having difficulty finding reliable comparables.