Emily Hosage
How much rehab does a house need to be listed as new construction
My husband and I bought a house at auction in complete need of everything. Great neighborhood, nice lot, just a total mess. We are in drywall and finishing phase and have a ton of money sank into the project. We've co...
Dustin S.
What exactly is a Phase I and what does it cost?
I have a 3000sqft 7 unit apartment building under contract. Do I need a phase I, how much should it cost and what exactly do they look at? Can I use a residential home inspector instead?
Wade Stahle
Building as Owner Builder & Selling to FHA Requirements
As an owner builder (not licensed) can I build houses and sell to FHA buyers or will FHA not allow that? Ive already built one but sold to a conventional buyer.
Bryce R Salamone
Brand New Beach Condo Pays For Itself
Ever wanted to own a condo on the beach? This is your opportunity to take advantage of a new construction called Madeira Bay Phase II. This condo/resort is located on the highly desirable sands of Madeira Beach in Flo...
Henry Clark
Self Storage- How many acres or lot size?
Follow up to @MM on another post.Here are the major considerations in sizing "Drive up" storage locations. Climate controlled is not part of this conversation, stay away from this, if you are a first time owner/devel...
Logan Krutsch
Commercial lot with contaminated soil
Hello BP,I am looking at a 6 acre lot to develop a self storage facility on. The problem is the land has been contaminated due to fuel tanks leaking from a gas station next door as shown on the phase II soil survey. T...
Suja N.
Pay for an Environmental Phase 2 or Walk Away?
I am under contract to buy a commercial building and am planning to convert it to a 20 unit apartment complex. The environmental phase 1 analysis came back with a number of issues. The site was once an auto repair s...
Igor Messano
Best option for commercial (MX) new construction financing
Hi everyone,
I am in the beginning stages of pricing the development of a new multi-use property (10 residential, ground floor commercial). I am trying to navigate my way through lending options and was wondering if ...
Jason J.
Environmental issues - retail property in downtown core
Hello,
I have a signed LOI in place on a small retail strip in
a core downtown area located in Minnesota. I'm in my due diligence
phase and have been talking with environmental companies regarding a
phase 1. One o...
Henry Clark
Self Storage- Deal 5
Start Small and make your big mistakes Early.
Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds, over Analyzing, too Greedy. Everything else yo...