Good afternoon, everyone I hope all is good. My wife and I need a bigger home and we have an opportunity that presented itself. A very good opportunity and it just makes sense to build a new home on this lot since our...
What resource do you use to find banks willing to lend for new construction, ideally 100% on credit? What kind of interest rates are typical these days and what are the typical income/net worth values used to calculat...
Hello all,I have a question about a commercial construction loan (In this instance, getting a loan to purchase land as well as build mini storage)Let's say the loan amount is 800,000 and we are going to put down 100,0...
Hello BP members!
I an investor based in Sacramento, CA and have recently closed on my first deal where we built a new home from the ground up! Being my very first deal, I was surprised to find that new construction...
Hi All,Excited to be here as a new investor and first post. After speaking with a very reputable agent he's suggesting new construction in Madison, AL with the builder offering a rate buy down. My questions are:1. Is ...
Looking for advice on new construction, specifically in CA. We are looking into buying a burned lot in the North Bay and wondering what costs are associated with rebuilding other than labor and material construction c...
I am partnering with 4 individuals to develop a mixed use building. This a 4 story historic building. It has been sitting vacant for many years, so this will definitely be a large undertaking.24,000 sqft totalCreate 1...
How much is typical price to pay someone to develop land? My uncle has an offer he pays all development fees and then gives the guy who engineers it all 33% gross cut. Is that excessive? he pays the million for all co...
I just recently bought a house through a conventional mortgage loan my plans are to rent it out in the future. How long do I have to wait to rent it out ?
Hi, Everyone: I am about to build a small mixed-use new construction. I need someone to review the construction contract with the general contractor for me: either a lawyer or an online legal service provider. Do you ...