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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...
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Hello, I have rehabbed properties for several years and we are looking to transition to doing some new construction projects. Any wisdom that anyone would like to share based on their experience going from being a reh...
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Hello everyone. I'm new to the space. I'm currently working on a new construction project in Kansas City. Nice to meet everyone
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I just so happen to start looking more and more into the benefits of investing through real estate. As I continue to build my learning arsenal, I was struck with an idea in regards to housing development. I look at ...
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We will usually get 1 or 2 projects a day from sponsors or brokers asking whether we can get their construction projects financed.We usually subject the project to a quick quantitative analysis to determine whether we...
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Any recommendations for lenders who have a loan product for a DSCR construction loan? We are purchasing land in OBX and have a great builder lined up to build us what should be a tremendous rental property. The total...
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Is it common for banks not to consider revenue on a new construction multi-plex? I'm looking to finance student housing in the form of 2x30 unit complexes. Total cost of construction 2mil. The bank is telling me that ...
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Hi Everyone,Im working on a tear down and new construction on my mothers house in Mar Vista California which is on the West side of Los Angeles. I have discussed the project with an Architect that I like (although I w...
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Site cleaning is consistently understated in rehab construction budgets. Most rehabbers include only enough for initial demolition/cleanout, drywall scrap removal and end of project cleaning. Increasing your construc...
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Hi Biggerpockets,Just wanted to share a project that I recently completed/sold and go over some numbers about the project.
Bought the lot in 2019 for $58,000 in south Phoenix (7th street and dobbins) and put 50% down...