I’m in the process of closing on a lot.

The custom builders in the area are very competitive and are offering pretty inexpensive builds vs comps.If the lot was purchased recently for 20K and the turn-key cost to build is $200K, after I close on the house (bank said appraised value would be 220K), would a new buyer have problems with it getting appraised over $220K even with other comps selling for 300K+?

I was part-time for 6 months while working a government job (no cell phones allowed in the building). 2 rentals closed in 6 months, no sales.

I close on July 19th.  

LLC’s are worthless until you tap out with 10 conventional loans you can get in your name with lower interest rates.

All it takes is one inspector to be perticular about the measurement, and it could cost you your entire basement, or add the cost of trying to lower the slab After you completed your remodel, which means a lot of rework...One additional bit of information related to the City of Chicago Building code which I hope will help someone in a tight situation down the road.

I'm not as plugged into primary rates (vs. investor/DSCR) but there are a lot of HELOC / Closed End Seconds out there that are becoming very popular alternatives (especially if you already have a low rate mortgage) instead of full cash-out refinances and jacking up rate on all the debt

@Marty BoardmanThat statistic is so misleading because you were not allowed to foreclose the prior year in many locations.That would be like lowering the drinking age to 18 and saying teenage drinking is up 80%.Foreclosures are at all time lows and will continue to trend up.

I am trying to find out if I can include closing costs I am paying on behalf of the buyer in my capital gains calculation.  

Has anyone worked with a lender who has actually closed an FHA, VA or Conventional Energy Efficient Mortgage?