14 March 2018 | 9 replies
He is a pretty seasoned and knowledgeable economist.He was chief economist at bear steamedYes people will not like him because of his belief in supply side economics.But he is more than just a tv personality, he does have significant experience
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19 March 2018 | 4 replies
They are tearing down properties in my area, and putting up new ones, and I'm able to search the public records and find out how much the developers paid for the property.
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11 May 2018 | 7 replies
It could be a decent size project for a fence that will most likely be torn down once the split off lots starts being developed.
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16 March 2018 | 3 replies
The wealthy developers I know will often ask for owner financing just because it's easier than tying up more cash.Cash is king and just because you have it doesn't mean you want to have it tied up.
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28 March 2018 | 11 replies
If it was sizable and perhaps you bought the property distressed then I would look into the current valuation and consider a refi (need 6 months of seasoning though) as a means to again pull equity out to finish the last unit.
15 March 2018 | 6 replies
This is derived from a model developed by the credit industry and would include homeowners who are just over-stretched with high mortgage and not enough income.
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14 March 2018 | 0 replies
If I were the lender to "C" buyer, and "C" buyer is purchasing the property as a primary home, FHA is out because of the 90-day flip seasoning, and Conventional is possible, but again, "B" is not yet reflected on title.
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18 March 2018 | 20 replies
Then develope an exit plan to limit your loss.
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15 March 2018 | 1 reply
Hypothetically, as a builder / developer, would you pay a slight premium for property that has the federal historic tax credit of 20%, a state historic tax credit of 25% and a city empty building tax credit of 25% - capped at $500,000, as well as a dense mixed use approved PUD, and a tentative $5 mil TIF district for the site?
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21 March 2018 | 36 replies
We have no choice, but to develop a radical new sharing economy.https://m.youtube.com/watch?