I have the land but can’t get financing for the builds. I’m offering the investor all the profit, I just need the builds to qualify for a developement loan. With 5 builds and sales I’m in. Any and all help will be appreciated. The profit on each homes is approximately 40-50 thousand dollars. I’m looking for 200 to 350 thousand to get 2 builds started. Thanks.
Posted in Land For Sale
Tagged Building, building business, business, credit, developement, financing, investor, Land, loan, profit, thousand dollars
We are a real estate company that deals100% on selling new homes. Builders have many homes with deep discounts that are not advertised. We are one of the few companies that sales reps. share information freely with.
Posted in Homes For Sale
Tagged Company, dfw, Estate, houston, information, investor, LTV, share
DETAILS: Basically, I’ve really taken to real estate investing and have read about 8 books now (7 more to go! ouch), so have some good “book knowledge” but zero experience. My question is this: When you’re reading, eg, a foreclosures.com-type of website data on a PRE-foreclosure, which numbers should the investor (aka “credit saver”) be evaluating in order to make an intelligent OFFER to the buyer? I know the basics like I’ll have to pay the back payments, back taxes, etc (PLUS any stated or hidden liens etc), but do I use these to present a deal:
Improvement value / Land value / Taxable value (Ar these 3 important in my offer or instead use:
Last sale price…(I know this one)
zestimate (I know this one)
Transfer value (what is this?)
Default value…(I know this one)
In other words, I want to make an intelligent offer on the preforeclosure. Please, someone with experience, what’s the math? And are there any missing numbers?? (eg loan balance, equity). Sincere thanks.
small typo sorry: <>
Posted in Land For Sale
Tagged back taxes, book, book knowledge, Details, Estate, experience, Foreclosure, foreclosures, investing, investor, investors, knowledge, ouch, question, R.E, reading, real estate investing, thx, zero experience
There is something going on here. We have lived here 13 years and bought land southwest of town. We are still a rural area surrounded by farmland and paid $5,000/acre. What the heck is going on that would cause investors to offer 75-100K per acre for our land and all of our neighbors!! When the last investor came knocking we asked what the heck he wanted our property for and he said…”to build a hotel”. It seems odd that people would be planning hotels in an area that isn’t even remotely developed yet! We have heard the Disney rumors and whether it’s Disney or something else…there IS something huge planned for this area. All you have to do is look at what land has sold for in the last year. On average, our property value based on recent sales have more than tripled in the last year! Sadly, our taxes have tripled as well. All I want to know is…why?
Posted in Land For Sale
Tagged 100k, 13 years, Acre, area, celina texas, disney, disney rumors, farmland, heck, hotels, investor, investors, Land, neighbors, Property, rural area, something, southwest, town, what the heck, year
are they anyone who buys a house or are they people who buy and than rent a property, or are they people who buy land and build properties for sale. whats the difference between a developer and an investor
Posted in Land For Sale
Tagged anyone, developer, difference, house, investor, Land, Property, RENT, residential property investors, sale