Hi all, Just trying to see what the typical costs would be to hold a construction loan for 9-12 months? What are typical rates I should experience when getting a construction loan? What are the qualifications for the ...
How are construction loans’ interest rates typically determined? Which index are they tied to? LIBOR?What are the typical terms seen today when getting a construction loan and what are the interest rates on them?Can a...
Hi,I am looking to add a guest sweet to our house to use as a short term rental. What is a type of loan I could purse that would be a long term fixed rate without having to refinance my house, so I can keep our low in...
We are buying an renovating a 24 x 56 3b/2b modular home in and older golf community. It will be worth 60/70k when complete at which time I want to refinance it and keep as one of our rentals. It sits on a full crawl ...
Hello!I am currently in the process of subdividing some land I have to build to rent a 2-4 unit in Worcester, MA on it. How much is the cost to build currently in Worcester, MA on average?Also I am a newbie at this, b...
I know almost nothing about billboard investing except what I recently learned on a Ken McElroy podcast. Here is what I have. I recently acquired a prime commercial lot on the main drag in Coolidge Arizona. Bought the...
Does anyone have experience purchasing, building, or using a modular home as an investment property? It is really an advantage in terms of cost vs typical home construction. I own the land the potential modular home w...
Hello, other than contacting insurance companies for a quote on every deal you consider how do you estimate insurance?
Probably a silly question and the answer is right under my nose but: how does it work when you purchase a “tear down”. If I’m putting 200k (30% down) in on a tear down because it is in a great location, and i knock i...
Hello,
We are prospecting a location for potential new development which may be Condos or apartments. I understand how conventional loans work, but what can I expect for a new construction project while in developme...