I listened to economist Diane Swonk from Chicago a bit this morning. She noted that new construction builders were not happy as they were not seeing the margins they wanted for the demand they have been getting for n...
I've always thought that construction was one of those industries that would be last to be affected by technology. Was I wrong! Look at these. It's incredible. Ten Fold Pop Up Houses
Hi Bigger Pockets community,
First off, this is my first post here! I'm a new investor looking to invest in small multi-family (2-4 unit) BRRR properties in the Portland Metro area for under $400,000. I'm currently e...
Hey Guys!I got pre-approval in December but could not close the deal and now I applied for another pre-approval last week for new construction that I found but it will probably close by august or September. That means...
During the appraisal process, the appraiser raised health and safety concerns regarding my property. Notably, they pointed out the lack of an egress window for an above-ground room, which they considered a health and ...
Hi,Is it generally a bad idea to buy and hold new construction as a rental? I'm wondering since there's really no way to add value to the property. The benefit would be no cap ex or maintenance for a few years and i...
Talked with a building materials buyer today and they said prices have doubled.
Any insight if/when they will return to pre-covid prices?
Hi BP! My town has been experiencing rapid change over the past decade in terms of new construction and flips, and I'm curious to hear what anyone thinks the end result will be. In my town, Florham Park, NJ, there has...
Investment Info:Small multi-family (2-4 units) other investment.
Purchase price: $480,000 Cash invested: $50,000 Sale price: $2,100,000Purchased 2 on a lot residential property that was zoned R3. We got a c...
Hi,I was wondering if you could get a construction loan with an LLC. Build a home and then purchase that product with a personal conventional or FHA loan?