Antonio Lombardo
Build Up vs. Build Up & Out
I tied up a home in Birmingham, MI and plan to add square footage and renovate for sale. House has 890sqft basement so I figured I could yield 1,800 sqft going straight up. The cost I estimate for this is $130,000.
T...
Zac Vaughan
To build up cash or to build up equity
As of July 7th, I am now a homeowner! I would appreciate everyone's opinion here. I have short-term rental arbitrages and this new house will be my 10th STR. I purchased the property for what it appraised for so it ha...
Hector Martinez Rosales
BUILD-UP CONSTRUCTION PROJECT
I am in the process of helping out a potential investor in the design and construction of a few multi-family residential projects in Kansas City. I am being tasked with providing design input as well as all of the doc...
Phips Deus
Tear down build up strategy
I have a general strategy question: In some parts of the Metro Atlanta area, there are working class neighborhoods that have vacant properties. How viable is doing total teardowns and build ups, assuming acquisition a...
Christopher Bell
Tear Down and Build Up
I want to add another tool to my belt for purchasing real estate and want to get an idea on how much it would cost to purchase a tear down and build new construction in my area? How can I get a good idea on how much i...
Jason Chase
Ground up build
Investment Info:
Single-family residence other investment in Millwood.
Purchase price: $115,000
Cash invested: $200,000
Sale price: $420,000
1100 sqft ranch stick frame new build
What m...
Nghi Le
Building up LLC
I have a brand new LLC and I was hoping for some tips to build it up and earn credibility so it can stand on its own (in order to get a loan, etc). I also heard that it takes 2 years for this to happen; is that true?...
Shevon Coorey
Newcomer looking to build up network
Hello all, my name is Shevon, living in California and I'm very interested in long distance real estate investing. I would like to make some connections here and build up my network so I can learn more about it and mo...
Eric Pirozok
How important is equity build-up?
I have a rental property that produces $100 of positive cashflow. If I apply an extra $100 to my principal payment each month I will payoff the mortgage in 25 years instead of 30. What is more important? Paying off my...
Noah Hoffman
Equity build up and Refinancing timeline
Hello,I am new to BP and wanted to see if anyone had any thoughts on a question I had. My question is about buying a multi family property 4 units with a low down payment FHA loan. If I only put in 3-4 % down how long...