Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
I am curious what others are seeing with bank financing on CRE. We are seeing its very challenging, especially for out of state owners.
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well after a long long year of rehabbing a 20 unit property, it's time to convert my construction loan to permanent financing. The local bank that did the construction loan has presented me with two different loan cho...
Request:List real estate loan types and a hypothetical example of each with a national interest rate of 6.5% and total repayment amount Include dscr and hard money loan, fixed-rate mortgage, arm, fha loan,va loan, int...
Last year, I made an off-market house purchase next door to me to start a BRRRR in an A quality tenant area. The seller/neighbor was interested in selling but staying as the tenant. We worked out a sale price and ren...
Short version: We hope to convert our garage to an apartment for our sick parents. But for same reason (sick parents) we might sell in a few years. Need to convince the family that sacrificing a garage to gain an apar...
Hello, looking for someone with experience in zoning "administrative adjustment" in Chicago. I want to change RT-4 zoned 3 flat to 4 legal units. RT-4 zoning - 1000 sq ft of lot size per unit. Lot is 3969 sq ft so its...
Hello, it's great to be here!
I don't know how disrespectful or common this strategy is, but I feel like this is a really easy way to "get my reps in" as told in the podcasts.
The idea, obviously, is analyze these...
are they based on the sale price of the house or the market value?