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17 April 2024 | 0 replies
Typically, this financing options available for properties with these unit-counts have looked more like the options for commercial real estate or large apartment building financing.
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16 April 2024 | 11 replies
Following ethical and professional guidelines helps build a strong working bond with agents.
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17 April 2024 | 8 replies
You'll build this before buying the property anyway.
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16 April 2024 | 7 replies
My considerations have been: adding a small laundry area, building out the bathroom for a larger shower, making a separate parking area, building a walkway, putting up a fence so they have some privacy/yard space, mini split on the AC...
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16 April 2024 | 0 replies
A big part of my success was building good ties with brokers.
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16 April 2024 | 6 replies
Build a small amount of capital and buy first investment.
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16 April 2024 | 12 replies
Lenders typically want to see 2-3 new builds completed within a 12-36 month period, depending on the lender.
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16 April 2024 | 0 replies
Then with the equity you build up through loan paydown and appreciation over the course of a few years you can cash out refinance and use that money to snowball into another property.
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17 April 2024 | 10 replies
For the first property I did, I had someone in the building meet the deliverymen and paid them a small fee for their time.
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16 April 2024 | 7 replies
Then you owe ABOUT 0.009% per year of the building value per year you should have taken depreciation. (25% tax on 3.636364% of the building value you depreciated.)good luck.