If I add a 3/4 it will have “3” baths so very desirable2100 sq ft with a gorgeous huge sun porch and many mid-century details, hardwoods, great locationVery safe, walk to huge parkProbably have to pay someone (GC) to draw up plan and building dept might not issue permits (plumbing, electric, walls, etc) so that might be cost.Appreciate your ideas.

That including making drawings, paying their fees, getting it inspected, and making the obligatory minor changes that the inspector finds.

Not only does this serve as a sector of the economy by serving as a source of revenue to the city and its businesses, but it also draws people to want to live here.All that is to say, we ended 2020 with 0.4 months of inventory (4-6 months is considered balanced) which is incredibly low.

It can be a little bit luck of the draw as to how much the property ends up being worth in the appraisal.

I don't see how this is possible because I paid for all of this to be done and its clearly outlined in the first draw request.

I think it could be a good long-term investment, should that area begin to draw young people looking for easy access to the entertainment/dining/proximity to downtown that the area provides.

A hard-money lender is offering a line of credit of 500k with 2 points to be paid up front for the line, another 3 points for actual draws on the line for purchases at 9.75%, and another 1 point for each refi, currently at 3.5%.Do I need a hard money lender?

College, full time Navy, a current kitchen remod, and a baby due in March is drawing a lot of attention.

So if they dont pay there rent on time the will be evicted. you can aslo draw a three month eviction notice those are still in effect.

In this case, you would still be responsible for bringing 10% of the total project costs to closing, and floating the first construction draw in most cases.