Rich Weese
Now I understand why flippers are having to work
I saw an article on Phoenix TV yesterday that explains the current market for discounted properties. I know the local Phoenix BP members have been working much harder to find "good " deals and much smaller margins.
2...
Muhammad Ahmad
how can I improve my credit score
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...
Madison Lowe
How to determine when additions are worth it? San Diego, CA
I own a home in an area San Diego, CA where process are starting to increase. My home currently is valued 365,000. Others in immediate area on same street or 1 street away are valued at 400 or more. My home has bee...
G Pyros
Ghost Parcels of land in El Paso
I am trying to gather more information about East El Paso development. I came across Horizon Corp. and The Colonial Act of 1994. What I have gathered is Far East El Paso is land locked obviously to the north because ...
Brett D.
Looking to 1031 and add our son (not transfer)
I bought a lot of land a couple years ago. Then secured a construction loan for a SFH to be rented out. Construction started, but between the lockdowns and a hurricane last year, it took too long and the lender bail...
Tommy C.
FHA 3.5% Down Requirements
Hi all,Does anyone know if you are allowed to finance the construction of a 4 Plex using an FHA loan and then use your own funds to build out the basement into an additional unit or two?? This would mean that the FHA ...
Collin Chan
Corona Virus and Construction Costs
Interesting thought came to mind. Lots of contractors are paid by the hour or jobs. The overall economy is slowing down. I know there is still a need for housing the Bay Area so this might not be affected but any t...
Chris Martin
Has anyone figured out the source of the BOOMS yet?
Somewhat frequently, although intermittently, many of us hear a booming sound in southern Wake county and northern Johnston county. I've heard them in Sampson county as well, but there I can't tell if the noise is fro...
Karen Roan
Property w/ Underground Train Tunnel?
I am looking at an investment property in San Diego and planning to have my son live there and house hack with roommates while he attends college. However, I recently found out that there is a proposal that will put a...
Kevin T.
BTR LOAN LTC CALCULATION
Hi, I have a question regarding financing on a BTR project I am working on. How does land value affect LTC calculations? Here is the scenario:We own a piece of entitled land (free and clear no financing on the land) t...