Tom Seigold
Building a new home - will valuation meet/exceed building costs?
TL;DR: if I build a new house today, can I reasonably expect that it will sell for the same amount I spent (or more) in 4-5 years?
What I'm considering doing:
I'm considering building a small, ~2,000 sq. ft. house f...
Chris Tarpey
OUR LATEST PROJECT - JACKSONVILLE NC BRRRR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $67,500
Cash invested: $15,000
This deal was brought to us by my neighbor who spoke to the owner of this home. This...
Georgia Baker
My first rental property
I consider my first property rented a success for myself.
I have a Condo in Santa Fe, NM. Some of you may have seen my previous post with the experience with my mortgage and PM and moving forward on my own. I thank e...
John Kelly
New construction. Multifamily. VA/UNION PLUS LOAN
Hello all!I know that subject seemed very complex. And it absolutely is. So lets get started. Newbie to real estate. Closed on my first house last year! Wich also is a multifamily (3 unit) wich is also my place of re...
Sterling Brown
Newbie Investor from Athens, Ga!
Hi all! I'm from Athens, Ga and currently in the beginning stages of real estate investing. Learning as much as I can and getting a business plan together. I plan to begin investing in my local area and I founded Skyb...
Brian Cade
Is appreciation of land accounted for in LTC?
In the case of a multifamily construction loan, is the land portion of the LTC based strictly on the purchase price (even if multiple years prior), or is it be based on the current market value of the land?In a nutshe...
Matthew K.
Cash Out Refi or Credit Union HELOC
Hey Team, I have a 2nd in PA with approximately $275K in equity. I am approved for a 80% LTV HELOC, rate moved from 4% to 4.75% on 7/1 and will continue to move with the fed. I am also approved for a 75% LTV cash ou...
Larry Bailey
Morning Update 2-1-2023
Stocks are lower and Mortgage Bonds are higher to start the day. The Fed kicks off their two-day meeting today, with their statement due for release at 2:00pm ET. Fed Chair Jerome Powell will follow up the statement w...
Kali Terry
Attic-conversion and triplex re-zoning
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Paul.
Purchase price: $220,000
Cash invested: $4,000
Sale price: $240,000
Used FHA financing to house-hack duple...
Ryan Hutchins
New build fourplex
Hi y'all,
I was presented with a fourplex new build deal. The realtor provided a conservative cash flow analysis, capturing all necessary expenses. The funds needed for the project are ready to be deployed, but I am ...