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14 October 2021 | 2 replies
Do you guys have any tips on how to proceed through the agent and structure our approach knowing she was widowed in dec 2020?
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14 October 2021 | 5 replies
I'm looking to structure a partnership, were wondering what the best way to take this to an attorney to write up a contract that looks out for the best of each individual investor.This is my first rodeo, looking forward to the plunge!
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24 October 2021 | 2 replies
@Kendrick CarterI would suggest following the @the203kway on Instagram.If you plan to spend more than $35k in renovations or there are structural repairs, you will be required to use a 203k HUD consultant - who is a great resource throughout the entire process.In my opinion, building a cohesive team is most important - below is the path I followed:1) 203k HUD consultant > asked for lender referrals 2) 203k Lender > prequal letter provided 3) 203k Agent > had personal 203k experience and completed transactions previously4) Offer Accepted & Under Contract > completed HUD walk thru and scope of work provided 5) 203k Contractor > asked for referrals from everyone, and the one I found was currently working on 203k projects and understood the process I am now just awaiting the contractor quote to finalize the loan commitment process!
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18 October 2021 | 9 replies
The plan is to add an off grid structure on the other side of the property and have both units as STRs.I have been a residential RE agent in NYC the last five years and still hold my license, but have recently joined a large commercial real estate company in their property management group.
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19 October 2021 | 12 replies
A minimum down payment (less than 20% down) mortgage is structured as your primary residence.
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17 October 2021 | 0 replies
Purchase price: $125,000 Cash invested: $35,000 Sale price: $235,500 Extensive full home remodel includes structural remodel of a new staircase with pantry built underneath.
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27 October 2021 | 1 reply
Purchase price: $125,000 Cash invested: $35,000 Sale price: $235,500 Extensive full home remodel and structural remodel including a new staircase with pantry built underneath.
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19 October 2021 | 1 reply
I want to structure a JV deal with the seller.
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20 October 2021 | 10 replies
I am open to properties that need some TLC / minor improvements, but not interested in anything substantial/structural/foundation, etc.
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21 October 2021 | 2 replies
For structural parts, if I use any, my plan is to use less foam and more Glass Fiber Reinforcement (GFRC) along with galvanized mesh reinforcement.