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15 August 2024 | 9 replies
All these providers have in-house PM and have already done major capex so I think I've minimized my risk as best as I can, but again this is as much about the education as anything else so I'm trying to keep that in mind.Anyway, I look forward to this experiment with excitement and I'm cautiously optimistic it will go well.
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13 August 2024 | 6 replies
The new owner has not authorized the work on house.
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14 August 2024 | 4 replies
Trying to house hack in Los Angeles which is obviously really difficult.
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11 August 2024 | 13 replies
For larger bridge loans and development deals they are solid Originally posted by @Jay Hinrichs: Tarik I dont think she said she was refinancing i think she said she is looking to finance so probably an purchase money loan My main point was that these scale of loans the borrower needs to look within and be realistic if they can truly qualify.I am not sure if this company will take the 10k when cursory information reveals a high chance of loan being rejected..and if borrowers are qualified for this type of financing they usually have a pretty good grasp on whats needed.
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11 August 2024 | 4 replies
Best value at selling is to remove the JADU due to poor auction the result of mostly needing a house hacker In addition, if you already have a regularSDU (which would be primary reason to add JADU over an ADU), the property by rule does not qualify for conventional financing.
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14 August 2024 | 5 replies
I see a problem with a lot of saturation in that area, and I can imagine that it is very difficult to stand out, and anyone that does operate one of those condos, would you do it again, or would you try to get a house next time?
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15 August 2024 | 9 replies
I *think* I'd like to set up an LLC to house the STRs, but I'm struggling on the implications of single-member vs multi-member.
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11 August 2024 | 5 replies
Obviously, this is not a financing specifically for the overseas property and the borrower could use the money to do anything they want.If you want to use leverage in Mexico, the alternatives to local bank financing are developer financing for pre-construction properties (which is rarely given if you don't have the necessary personal relationships) or seller financing.
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15 August 2024 | 9 replies
House hacking a 4 plex is a great way to get started.
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14 August 2024 | 5 replies
I've seen new houses built in 7 days from the day the foundation was cured but there was tons of planning which isn't counted.