Eli Gur
hard money and construction loan
hi, i would like to know how a hard money loan works, they give me the money for the hose and also for the construction? and the down payment is on both? or the downpayment is only on the money for the house, and on...
Damian Seguen
New construction in Hudson county NJ
Hello BP, I have a 2 family property that I own free and clear in North Bergen, NJ. It’s sits on a double lot. I want to look into splitting the 2 parcels and building aanother 2 family next door. Refinancing it, and ...
Ryan Oelmann
New Townhouse Development
Hello everyone, first post on the site but have been watching and reading for some time. So much knowledge on the site and have learned so much! Quick about me- I have a 4 plex that I've owned for right at 2 years now...
Raju Balakrishnan
Financing for adding units in a commercial lot.
I have a 6.5 acres land in contract with a SFR in it. Its commercial resort zoned property with up to 25 units allowed in it for a hotel/resort. I am buying it with a conventional residential loan, and start a AirBnB ...
Roger West
Ground up financing NJ
In NJ. What types of programs are typically available for borrowers with 800 scores, 1m liquid, looking for 350 to 400k loan to buy land and build a spec for resale. What ltv on the land and what on the build?
Jim Cran
Experience with Cleveland Department of Building and Housing?
I heard it takes 6-9 months for the Cleveland Department of Building and Housing (DBH) to complete a new construction plan review. That seems terribly long, in my experience (commercial renovation only), a city typica...
David Friedman
Has anybody built apartments with Modular/Manufactured units?
I am looking to develop 40+ units on approximately an acre of land in California. In the past two years, I've started to see a lot of new modular construction startups in California. I am considering using a modular c...
Madylen Barberan
Financing - How do you get financing for Renovations?
I am just a couple weeks into my REI journey and I am learning a lot! I am a bit confused on when it comes to the financing on BRRRR or fix and flips. How does one get the financing for the renovation costs? Is that f...
Cathy Y.
How to start a new construction
Hi, I am new to this but it looks like this is the place to start. I have a wooded lot in Deltona right off I-4 by a small lake. It is in a developed community so the water and electricity should be in place. I am ...
Fred Canzano
Construction Loans? Good?
Is a construction loan a good way to go for a flip? I believe it will take approximately 7 months for the work to be completed. Its my first flip and I'm being brought in as a partner to a guy who has everything lined...