What type of investment properties are you interested in?

We made some adjustments to our pricing earlier this Summer 2022 to reflect some material pricing changes that we have seen.With that said, construction pricing can vary substantially based upon many factors including the project location, property type, specific SOW, material selections, contractors used, season of the year, etc.In fact, pricing can vary substantially from investor-to-investor and every investor will have different prices they use. 

While HMLs advertise Points & Interest rates, you'll see there are MANY more Fees associated with this type of loan product, in addition to a lien being placed on your property and a short timeline typically to operate within before they foreclose if you're not able to exit/repay the loan.

We have a plan to push them through financing with a good lender that deals with this type of loan. 

man this is the best direct-honest-unbiased-transparent I ever heard of. it is like i said before, the local broker that has better cost efficiency and/or tech-driven brokerage would rise in popularity and the slow and decaying process of traditional brokerage. typical agent make 50k, there're more realtor than home to sell with different cost from each brokerage ; seller/buyer not just want lesser commision but they want bigger pie when selling like you said. 

What made you interested in investing in this type of deal?

Hey Faiz, It will depend on the type of loan you do.

There are three or four lenders doing them with huge down payment and the highest rates.Rate depends on property type, your FICO, equity/down payment, number units, qualifying type...

I'm in a beach market so that isn't an issue for me since its so seasonal.Proper is the gold standard for this type of insurance but you'll pay like its actually gold :) 

If you are using an agent to rent your property, then his MLS may or may not syndicate with other websites such as Zillow, Redfin, Homes, 'Apartments.com, Trulia, etc....you can check by typing in your home address on each of these websites to determine if your property was syndicated or not.7 If it wasn't syndicated, then yo will have to post it up individually on these websites.