Bennet Sebastian
Personal guarantees from limited partners
So I just got turned down for a construction loan from a local community bank for a spec medical office project that I am planning to build. I have the site under contract and all of the numbers work. I have a several...
N/A N/A
Builder needs additional outside funding
Good day,
We are doing several projects in Charlotte, but we are kind of out of capital. We need some funding from any place other than banks. Anyone have any suggestions where to go?
Marlon Balogh
Materials Fraud and How it can occur!
As a forensic accountant and fraud examiner, I have dealt with numerous cases in which a land owner and general contractor face disputes with one another 1. Over the amounts of materials actually purchased and used fo...
Ben C.
Allowances on building project
Hello,I was wondering if construction allowances (found in residential construction bids) are part of the contract price or in addition. For example, let’s say contract price is $200,000 and there is a $10,000 kitchen...
Jonathan Surak
BRRRR on 15 Unit Building - Section 8 Edition
Investment Info:
Large multi-family (5+ units) commercial investment investment in Alvarado.
Purchase price: $1,050,000
Cash invested: $250,000
Acquired this 15-unit property in 2021 for $1,050,000, ...
Michael Anspach
Small Retail/Office Development
Looking for some feedback on a small retail/office development project. Looking at very nicely located property with existing 5,000 sq ft of rental space split among 3 tenants. Property has space to develop and buil...
Sean Barber
Anyone have experience with RREAF Holdings?
Anyone done business with RREAF Holdings? They are a private equity firm putting together syndication deals. Just trying to find some history of what they’ve done and how they’ve performed from an unbiased third party...
Chris Gomes
DYI rehab vs. hiring a contractor
I am closing on a property in Denver this month that is completely rehabbed. It is a SFH with a basement mother-in-law unit. The top is a 3/1 and the bottom is a 2/1. I am planning to add in an additional bathroom on ...
Armin Hamba
Default on Hard Money Loan in Seattle
I'm working on a fix and flip in Seattle with Eastside funding as the hard money lender. I ran into financial issues during the project and do not have the cash to finish the project. The property was purchased 5 mon...
Colin Schleining
Project Manager for Rehab in West Los Angeles
Extensively renovating a SFH on the westside of LA that will be used for short term rentals. Looking for Project Manager/Construction Manager to oversee project - including securing GC bids, manage GC and oversee over...