Lee Warren
New doesn't mean it's done right
I would like to encourage anyone that is getting a new home built to get an inspection done. I know this really sounds like an ad, but I also know that the majority of people aren't in the D/FW area. I have done a f...
Pawan Kumar
Cost Plus Contract- Construction to Perm Loan
Hi there BP, I am in looking for some advise. I'm under a contract with a builder. Even when my secured Financing is single Closing with construction to Perm Loan, interest rate @3.125.
The concern is around the cont...
Marko Zlatic
Ground Up SFR Spec Home Business
All, I would love to hear your feedback on a rental business model that was presented to me by 3 other individuals and their respective roles in this project. Individual 1 - Experienced HomebuilderIndividual 2 - Inves...
Gladys Melendez
Purchasing a new home
Purchasing a home in Arizona, no realestate agent used, since it was a new built.what should I be on the look out for, any Arizona Title company highly recommended, and escrow companies if the seller does not choose o...
Jack Black
Builder buying down a loan vs reducing home price
I'm confused by the last sentence of this example in my real estate course. "A builder would rather make an additional cash payment to the lender than reduce the price on a home in a new development."Why would the bu...
Robert Ellis
Building spec homes as an investor for a profit
Is anyone building in markets as an investor with builders where you are an out of state investor and building in a market not local and hiring a general contractor to build at which point you sell spec? We are pitchi...
James Slaughter
Broker for new home purchase
A friend of mine is looking to rent his primary residence and buy a new home from a national builder in a new development. He asked if there was any value using his real estate agent in negotiating with the builder. ...
Aris Alexiou
Joint Venture with builder. 50/50 but I put all the cash, fair?
Hey guys,
I talked with a builder earlier today about my desire to have him built some duplexes for me. I have around 350k liquid ready to deploy for buying land and securing a construction loan. He told me that he p...
Steven O'Leary
Jersey City Tax Abatement/market rate housing fee question
I recently purchased a 3 family in the Journal Square. My understanding was that there was a tax abatement since it was new construction. I found out upon going to the tax collectors office that the application for ...
Michael L.
A fix & flip must have?
What type of insurance do I need to have while doing a rehab on a flip? Or is that not necessary? Thanks BP fam💯✌🏻.