When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?Is it common for developers to use subsidies to cover 100% of the construction c...
Hey there BP!I need some advice on how construction loans "typically" work.I am working with a private lender on a construction note., now this is not a typically loan that this individual provides, but he is willing ...
Starting the process to build a house. Evaluating my financing options. Any guidance on construction loans vs end loans would be appreciated. Don't see much about "end loans" out there...
I'm looking to purchase a duplex using the BRRR method. I'm concerned about the ARV due to there not being any comps in the area. Even as far out as 1 year. My question is - How will an appraiser appraise the property...
Closing a new construction loan soon in Atlanta and I'm looking for insight as a HM lender on a new construction deal. Our company has lent on several fix and flip deals but our experience with new construction is lim...
Hi BP Community,We found a REO that had been rehabbed through the house: new wall, floor, appliances and had foundation work done on a corner of house. ACs and roof are still the original should still have few years ...
3 or more reasons WhY Commercial properties are vastly superior to residential properties:
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential ...
My wife (26) and I (27) are wrapping up renovations on our first investment with plans to sell come spring or refinance to hold it as a rental. We would like our next purchase to be a small multi-family property that ...
When it comes to mid-term rentals, there's not just 1 "ideal" bedroom/bathroom count configuration! Here's what I've found from my experience.
1-2 Bedrooms: A Haven for Traveling Nurses
After housing a bunch of tra...
-NYC-I bought a property for $525k, I still owe 50% on it. Its currently 2 units and sits on a double lot that can be made into 2 three-family houses (6 units total), which will rent out for total of $16.5k a month. I...