Trinh Huynh
Builder not follow thru with repair request. What to do?
I bought a duplex from a local builder in New Braunfels, TX. Right before the expiration of the 1 year warranty, I hired a professional inspector to inspect the units. The inspector gave a list of items to repair. ...
Danial Qureshi
Landlord Insurance Recommendations - Philadelphia
Hello BP! My wife and I are under contract on our 1st SF investment property in Philadelphia. I was currently in the process of obtaining quotes for an insurance policy for the property. As I'm not living in the prope...
James McGovern
Is the Only Way to Negotiate a Lower Price with Builders...
Is the Only Way to Negotiate a Lower Price with Builders is to have a pain in the butt inspector find a laundry list of problems and meaningless in the grand scheme defects to compel them to cut their numbers to move ...
Joseph Escamilla
Insurance when Rehabbing
A friend and I are under contract to purchase a property in the Poconos. The primary use will be as a Vacation home for our families to use with the potential to list it as a vacation rental in the future. We are get...
Account Closed
Ways to prevent Builders from Coercing and Steering a Loan Originator's contracted borrowers?
Does anyone know of some ways to prevent Builders from Coercing and Steering a Loan Originator's contracted borrowers, who they've obtained a Loan Commitment for, to their "In-House" or "Preferred" lenders?
T...
Allan Smith
Builders/Developers - What are your minimum deal standards for profit?
I'm referring mostly to 1 - 6 unit SFR spec builds. I'm trying to figure out what my minimum deal standards should be when making offers on land. For context, I'm looking at developments where I am the builder and man...
Pavan K.
Blown Away - 7.5 % with 2.25 points
Just got of a call with the Builder's lender financing team. This is for a new construction SFR (expected completion - Sep 2024) which will be used as Investment Property.
That's the rate they quoted (7.5% with 2.2...
Dan Haeck
Why use an agent for new construction?
Usually, an agent gets paid directly from the builder and it does not affect the price of the home. Knowing this, there are many reasons to use the resources a good real estate agent has to offer you on new construct...
Connor Kline
How to structure a unique deal to develop a property?
I have a seller that has a property that would be a good deal to develop for new construction. The owner only wants the builder to build him a new home for "free" and give the land over to be developed after. How woul...
Garen T.
50% through duplex build. Lessons/costs so far to share
I'm in the middle of a duplex build on a small piece of property that I've owned for a few years. I thought I'd share what I've spent so far and see if there are questions/comments I can share. I often see discussions...