Mel McLeod
Home Equity Conversion Mortgage (HECM) - HECM for Purchase - Senior Market
The HECM is for the senior market, age 62+. I am an agent with a very large carrier (think about Marlin Perkins from Wild Kingdom :) and this FHA insured loan is the only loan for which I originate. Many seniors, 62...
Jonathan Alarcon
How to Use HELOC and Refinance for a duplex conversion
Hello,I have a home that I am going to convert into a duplex.If I open a HELOC on the house before I convert to duplex will the HELOC stay open to keep borrowing against after I refinance with the higher value of the ...
Jay Dimacali
Anyone heard of homestead.is for ADU conversions in Los Angeles
Hello Bigger Pockets community. Just curious to see if anybody has heard of Homestead for building an ADU. https://www.homestead.is/ from their website it looks like you build an Adu with them or rather they handle al...
Blake Anthony Carter
Unique 14 unit cabin conversion from LTR to boutique STR
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,900,000
Cash invested: $600,000
This property was found on market and was operating as 14 individual cab...
Steven Goldman
1018 West Broad Street Quakertown Pa / Church to office conversion
Investment Info:
Office Space commercial investment investment in Quakertown.
Purchase price: $225,000
Cash invested: $360,000
Sale price: $975,000
This was a purchase of a Methodist church and p...
Nathan Vaughan
Single family to multi-unit conversion — San Diego 1st investment
Hey there!I live in Logan Heights neighborhood in San Diego. I’ve been a homeowner since 2013. We got a great deal on an big old home on big lot. I’ve been restoring and remodeling it for about 7 years. Didn’t really ...
Joe McKelroy
Should i add a garage conversion to my 3br2b rental?
Hey, I'm new here. Last year I bought my first house, a 3bd 2b new construction house in an okay neighborhood (waco TX). I am about to convert the property to a rental, but I was thinking about doing a garage conversi...
Clint Harris
2 KMart conversions to self storage launching back to back!
Lots of driving the last 2 days, but blessed to have great weather, great company, and unbelievable things to celebrate. So cool to see the first two KMart to self storage conversion projects taken on by Erik and Lev...
Account Closed
How to have seller carry 1st/2nd conversation with seller
Hi all,Thank you all for the contribution. How do I have the conversation with the seller about carrying a 1st or 2nd mortgage? I want to put it in laymen’s terms.1st - Would you consider being the bank? I’d make a do...
Greg Moran
PML deal #7: Boarding house conversion into a single-family
Investment Info:
Small multi-family (2-4 units) private money loan investment in Hampton.
Purchase price: $48,000
Contributors:
Marsay Winder
(09-23-2023) Private Money lending deal #7...