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17 May 2024 | 14 replies
If you had only taken the time to see the area yourself, you wouldn't have touched it with a ten foot pole!
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15 May 2024 | 6 replies
Determine a price per square foot and multiply that into your property.
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16 May 2024 | 14 replies
They may be able to finance you at a low down payment if you have experience, reserves, and FICO as long as the 65% of the value can support the entire purchase price I wasn't saying 0 down, but the concept of full return of capital. 15% land purchase cash. in columbus land is let's say 50k we build a triplex for 350k which is very close to 15%. small entitlements, reserves required, etc whatever lender asks for. multifamily sells for 200k per door in our market over 4 units, we are pushing the values up. first ones we are working on because of rezoning, etc but it's a full refinance on 6 month seasoning and do it again. that's the scenario that I was outlining. we do it in the urban core of Columbus where new construction trades at $325 a square foot or more for higher rents and higher equity. we could still put more units per parcel in columbus. these are all infill I hate Lehigh acres. overbuilt, no infrastructure, no commercial drivers or asset.
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15 May 2024 | 2 replies
Type of property: 1 professionally built, RV certified tiny house + 1 custom built non-RV certified tiny house + 3500 square foot plot of landLocation of property: Fairplay, CO: Link to viewPurpose of financing: Refinance existing loans + purchase, rehab (if needed) & develop land (simple tree removal + concrete work) for 2nd tiny houseType of financing sought: Private loans.
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15 May 2024 | 1 reply
I don’t want her to shoot herself in the foot so I’ve advised against this, but some action needs to be taken.
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16 May 2024 | 28 replies
It’s all the transient foot traffic up and down our street that has created pause.
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17 May 2024 | 34 replies
But you will never fully get a feel for it, unless you actually step foot into that neighborhood.
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16 May 2024 | 13 replies
I built high-end custom modular (e.g. stick built in a factory and shipped) for a significantly cheaper cost per sq foot than it would have cost to build with a local builder.
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15 May 2024 | 3 replies
We pull guidelines using these stakes and I tell my fence contractor to stay a foot or so inside the line.
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15 May 2024 | 11 replies
I know labor costs are cheaper in the south than what they are where I am at in the NW.... see what they charge on average per sq/foot to build.A couple positive aspects to new builds that are often over looked are very low capital expenditures for a 10-15 year time period after the build.