Hey everyone! My financing and I are looking to do our first fix and flip in the Atlanta, GA metro area. We are hoping to get some recommendations on local hard money lenders and GC’s to reach out to while we get star...

Is it typically a flat percentage fee based on the appraisal?

The closest/safest option to what you’re thinking would be an option.Take an option payment.

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Each option has its pros and cons, and I'm hoping to get some insights from this community to make a more informed decision.Option 1: Building an ADUPros:Increased Property Value: An ADU can significantly increase the value of my primary residence.Control and Proximity: I can closely manage and maintain the property since it's on my land.Potential for Higher Rent: ADUs in bay area can fetch a good rental price.Flexible Use: ADUs can serve multiple purposes – home office, guest house, or rental unit.No Additional Land Purchase: Utilizing existing property means no extra cost for land acquisition.Foundation improvements: I will get an upgrade for my foundation which increase house stability.

They have a place they could potentially close on by the end of the year, but its new construction and the closing is subject to change based on the builder (and the area was just in the path of Beryl, so that timeline could have been impacted), so if that's the only thing they're thinking of exchanging into, I'm inclined to suggest they consider consuming the losses now for simplicity's sake, especially if the exchange timeline can't be guaranteed to work out.

Hi, I'm based in the Seattle area.

Welcome to Bigger Pockets Adrienne,I’m an investor based out of Columbus, OH.

I am a seasoned SFR investor and am under contract to purchase a warehouse space (16,000 sq ft).   We will be leasing spaces to individual tenants.   I have spoken with an agent who has worked exclusively in this spac...

I would consult with your CPA and your lender on options depending on which path may be more beneficial.