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25 July 2024 | 5 replies
This is a single-family home in a commercial and multifamily zone, so I believe that if the right investor obtained this property, it could be acquired at a higher price due to its potential for significantly higher cash flow.I'm wondering if I can increase my asking price because of the property's zoning potential.
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25 July 2024 | 10 replies
Borrowers will also be ineligible to obtain a new Section 502 direct or guaranteed loan until they have sold the current dwelling that is guaranteed by USDA.
25 July 2024 | 5 replies
Hi all,I recently posted about this topic and unfortunately did not receive any responses.I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?
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25 July 2024 | 24 replies
I want to get tips on the steps to obtain a hard money loan.
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25 July 2024 | 0 replies
hello-q: i hope that you have quite the plethora in information about the decide to..build a square space (office like in function) right next to house-to have "reason space" to work from home ('i am forced to work from home bcs of having parent who survives a stroke-cared for on/in house property, bcs putting her instead in assisted living-wouldn't be more affordable/feasable, and many states (california being one) are willing to help loved one(s) to age/stay in place as reason to build these extra spaces in/on property..putting her in the situation as more benefitting i am researching the state orgs to find out what to do=being as stellar the careful/accurate as i can with gathering as to what to do..including the obtain of funding per any grants.and trusting that having your consultation has us getting away from issue/noise over just purchasing/happenstance model in default assisted: residential (multi bed home stead-with all the red tape & fees/tax justify better?
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25 July 2024 | 12 replies
No current liens but these properties have tax deeds, not warranty deeds if that matters.That as-is value is going to make obtaining financing more difficult for sure.Financing options drop off pretty steeply below a certain dollar amount because foreclosure costs for lenders can be significant.Your best bet may be to connect with some local private lenders (local investor meetups/referrals are a good starting point for this) or local banks.
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26 July 2024 | 14 replies
You can obtain this from Home Depot for a minimal cost.
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24 July 2024 | 12 replies
It is quite common in buying CFDs not to obtain either of those items.
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24 July 2024 | 3 replies
I recently heard from a colleague that you can choose the Appraisal Management Company (AMC) used to obtain a mortgage from a bank.
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26 July 2024 | 23 replies
So, obtain sufficient insurance if you don't have an LLC.