Has anyone used a "203k FHA construction loan"? I am curious to know how it works and what the rate is relative to the typical FHA-conforming loans.
Hi! I have been driving around and noting a lot of FISBOs and new construction. I've called a few of the unlisted new construction I've seen and spoken with one company that flips homes. I'm not a flipper but I would ...
Hi all. How are investors funding the purchase of land to build on?? I’ve read that lenders typically don’t lend on land due to the risks. Are they really using their own cash?? Also, how are they keeping the land pur...
Hello everyone,This is a beautiful deal that I'm doing in this current moment. I've bought a land in Calabasas, and I'm constructing a house. I intend to keep the property and recoup my entire investment + more.Here's...
Having been in the real estate and general contracting market for 9+ years I would like to have a better understanding of Real Estate Development specifics and hope to find answers to the following questions based on ...
Hello,I own a commercial building with storefront space. The building itself is historic, but has had updates to plumbing, electrical and HVAC to suit office space needs. I have a tenant who owns a coffee shop who wou...
Hey everyone quick question looking forward to everyones feedback, We have 150k, We are actively searching for a deal to add value too and flip. We have a great relationships with our local bank and wanted to know wou...
I just inherited a tiny plot that's in a very, very ideal spot for commercial property and was recently only considering selling it. However i've heard from several people that it would be much better if I built a war...
When applying for a construction loan you get the loan in pieces as the home is being built. The home is complete and then you roll it over to a mortgage? What is the benefits of this? When you use the brrr method buy...
Can a SBA 7a loan be used for ground up construction of a vacation rental property? If not is there something similar that can be?