Jim Macedon
1031 Into New Construction
Does anyone have experience with doing a 1031 into new construction? I'm concerned with the timing and what the escrowed money can be used for. Can it be dispersed to the GC or do I have to wait till completion and pe...
Denis Churchill
Multiple New Construction SFR
Good Day BP, A few years ago I was thinking I was ready to dive in to REI. I didn't have much $ so 2 turnkey houses were looking like that was the road to get started on. I am not an impulse anything. I realized these...
Victor Kapustin
Retail Construction Project questions
Hi all, I've got raw, commercially zoned land at an intersection near me that is perfect for 6,000 to 9,000 sq ft, 3-4 unit Retail Strip center. I would need to buy 1 - 1.3 acres of this land to make this work. I'm ...
Account Closed
Mid Construction Insurance Policy?
Hello!We are flipping a home and realized we did not get any insurance on it. We are half way through (addition is framed, drywall is up) and cannot get any type of builder's risk or even general liability. Does anyon...
Brandon Nappi
Construction to Perm question
Would someone please help me out on how these deals are structured. Thank you!We own 100% of the land - $150,000Construction Costs - $350,000Let's just assume the market value after completion is $500,000So, the con...
Greg P.
New Construction & Flipping
Hello, I have a question regarding entities and how to structure a entity. I've talked to a attorney about this already, but have not been able to get a straight answer. We're doing about 40 rehabs a year and 20 new ...
Art Martinez
Construct loans in CA
Hello everyone, we have decided to dip our toes in short term rentals in CA. I currently own two properties, one of them is cash flowing nicely in Arizona.
We live in Nevada and want to build a short term rental in ...
Priestley Leng
Understanding Construction Loan Terms
I’m trying to understand the terms of these construction loans to build a duplex and choose the better option ASAP.
Loan 1: Loan Amount: $525,000 - $75,000 funded at closing (less fees and reserve), then 6 draws of ...
Bill Regan
Financing Aquisition and Construction
Hi,
Looking at a small motel/inn in Vermont as a lifestyle business for my family. The existing property has 10 cabins on it and a foundation where there used to be an owner's residence and some motel rooms and comm...
Brandon Cravens
Springfield MO Construction Contractors?
I need help real bad in Springfield, MO. I have 3 Mobile Homes that need renovation.Does anyone have any recommendations?