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1 July 2024 | 9 replies
I'm building a closet, and trying to decide which kind of doors to use.
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1 July 2024 | 12 replies
Our first DEEP value add multifamily project here in Radford, VA just stabilized and refinanced out of the 12 month construction loan. 6 unit apartment building all 2x1 near Radford Campus.
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2 July 2024 | 13 replies
As I build my revenue I plan on expanding to buy and hold deals, so I need something flexible.
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1 July 2024 | 10 replies
In Chicago, there are quite a few buildings with illegal garden units, and I thought it might be possible to live in one of those while I'm trying to make it legal with the city but would that be against FHA guidelines or conventional loan requirements?
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28 June 2024 | 1 reply
Purchase price: $140,000 Cash invested: $550,000 I am in the process of building a 2,800 square foot new construction duplex!
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1 July 2024 | 7 replies
Get rid of debt, build a budget, and save.
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2 July 2024 | 19 replies
There is the those that have to sell and yes they are probably selling it distressed or a forced sale- but as you mention if you look at this listhttps://www.nmhc.org/research-insight/the-nmhc-50/top-50-lists/2023-top-owners-list/These companies may have some strategic liquidations but they can ride this thing out.It’s the syndicators who promised people cash and took at short term debt because they played the lottery thinking they could flip a multifamily building thinking prices always go up and cannot now handle the debt burden.
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1 July 2024 | 7 replies
Then you will have your inspection fee every three years that will vary based on the type of building and how many units.
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3 July 2024 | 25 replies
Rather, it's selling the property and investing in a multi-family value add fund (total ~ 7-10 buildings).
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1 July 2024 | 14 replies
That would depend on a few factors:How confident you feel in managing the project (as @William Hutch mentioned).How confident you are in recognizing building issues/concerns, and pointing them out.How much time you have to oversee and research how things should be done.