They are the product that you are offering to potential customers and to existing customers.

Purchase price: $350,000 Cash invested: $10,000 Sale price: $385,000 Clean out and minor repairs.

As soon as the house is built, I want to start a new build on this lot to sell as a spec house, budgeting approx $450k build cost, sale price is estimated $750k, supported by comps.

Thanks,Adrian JonesHi Adrian, with DSCR loan products you don’t need to show any income and can get all the equity with 1/2 the amount of docs and stress!

In this week’s blog, I am turning it over to Auben Columbia’s Market Sales Manager, Chris deTreville, and his thoughts on what a 20-year scatter site residential rental professional thinks about new construction rentals and specifically intentionally developed (build-for-rent) rental communities.

.)* An offer to send them my vendor list (this one gets HUGE response)* An offer to join Homebot for their homes here or up north* A question of who keeps them up to date on the sales in their neighborhood and an offer to be that person.

If you have mortgages, the note itself is a form of asset protection (because that lien takes precedence in the case of a forced sale). 

Seems like a good deal, I have a 15% down DSCR product that seems perfect for this!

Transferring your property with an FHA loan on it will trigger the due on sale clause.So, you should speak with an experienced real estate attorney.Of course, many will post here that they've done it and were never caught.

We recently put our Brooklyn condo for sale and we were so lucky to have it selected as the Deal of the Week by StreetEasy this week!