12 April 2020 | 8 replies
The major difference is that the deed to the property is not conveyed until the purchase price is paid in full; property being transferred in this arrangement must be owned free and clear by the seller; for selling properties that may be difficult to compare due to unique construction, number of bedrooms, etc; terms are at the discretion of buyer and seller.
4 May 2020 | 8 replies
I've floated across careers/jobs in new home construction (worked in the structural warranty side), fitness, and travel - I've always loved to learn and grow myself, but I have not built much for "retirement" (though not sure I will ever retire, I love entrepreneurship), was recently divorced and I'm around 40 - so I have a road ahead and all...so definitely want to grow some decent rental income within 10-15 years, but I was considering fix and flip for not only diversity, but it sounds like fix and flip might be a great way to get some capital, which I don't really have at this point.
11 April 2020 | 4 replies
With the current situation of adding bed and bath under ground, the appraisal appraised the proper at 134,000$... but there is a comp with the exact building, year, SqFt, and construction that sold January that year that has these extra bed and bath above ground and sold for 165,000$!
13 April 2020 | 43 replies
I ran a pretty sizable HML shop in Oakland with my brokers license.. and you don't need to be a member of MLS or the board or anything.. although In Oregon were we are very active my wife is a broker and we have MLS access which is important for what we do.. build new construction and sell it.. the amount of money we save is pretty significant we sell about 10 mil or a little more of our own inventory a year.. so if I had to pay a broker to list it that's 200k to 300k we save right there..
10 April 2020 | 1 reply
Can new construction on leased land be financed.
10 April 2020 | 0 replies
Hello!
I need help with from biggerpockets :)
I am wanting to invest in land and building an 8 unit multi-family.is there any guidance you guys can give me on selecting an area to invest and what sort of signs one s...
11 April 2020 | 5 replies
Second any construction costs you may be estimating, double them!
11 April 2020 | 0 replies
did it as a construction loan, It appraised at $125K when purchased and was able to get 85% financing.
11 April 2020 | 0 replies
did it as a construction loan, It appraised at $125K when purchased and was able to get 85% financing.
25 June 2020 | 8 replies
We both have construction experience and he is currently a contractor.