Can you get a home improveement loan on a house with no first mortgage?

That said, I am surprised at all the pro 401(K) positions from a lot of good investors in this thread.Matty M Aside from the tax efficiency, matching, and higher contribution limits, I am in favor of self directed 401Ks.

You will have to dig to see where the property is at in the process.When I worked for developers we would keep things tightly under wraps so people didn't have much time to mount opposition to the plan.The zoning attorney also tries to picks times where most of the public won't show up.Even if you can't get the level of stories or use changed you could argue the developers finishes need to be higher grade and style.That alone might push them to another location because of cost.Once the project is altered to a certain point where the developer can't build density or has to make too many improvements to the roads,traffic lights,high end finishes to the build etc. the project becomes dead.Apartments right now are hot.Many plans call for more town homes but it is not profitable for many developers to build that in this environment.

I have a sore throat from allergies that is so severe I have not been talking today to give my throat a rest. if my condition hasn't improved when I wake up tomorrow, I'll have to sit out.

I didn't want to spend too much more energy on the deal until we got that data.

However, when it comes down to it, these numbers are not based in reality and are mostly guesses pulled out of thin air.I also think I’m probably over-improving it with these repairs, and maybe should cut out the hardwood and granite and instead use carpet and corian.

The reason is there will be rehab and extra time and energy for the return spent and also no income coming in.Even if you go 60% costs the numbers still work at the purchase price.

Been exploring endless threads the past few weeks, at every opportunity, gleaning valuable nuggets to improve our business.

Lastly, look at the expense history to see if the seller has expensed what was really a capital improvement.

Ask about current market value of a fixer and about major improvements to your replacement property and how they affect value.