$616 for architecture, survey, civil engineering, soils, structural engineer? Help me find this group. My cost is $40k and that’s a deal. Also what about city permits? $23.00? Confused. The city permits are $30-40k for a project of this size.
@JohnDavidWright-xs3ys20 сағат бұрын
Can this loan be used to build a fourplex(one unit would be for me)?
@AcryliWoodDesignsКүн бұрын
Can an LLC apply for this type of loan?
@RichWil3 күн бұрын
That property you bought for 25k where I live would be around 80-120k. Depending😰😰
@RichWil3 күн бұрын
I might of over looked it. How much was the cost of the property?
@RichWil3 күн бұрын
Your breakdown spreadsheet is genius. I will be purchasing this.
@kakil233 күн бұрын
very helpful.💯
@AlejandroAnez3 күн бұрын
Thank you
@PriminMalone4 күн бұрын
Thank you. 🙏🏼🙏🏼🙏🏼
@duprosezzllc2234 күн бұрын
Who is the architect you use?
@cherylbrown48284 күн бұрын
Hi Nicole, trying to get a construction loan. I own my own lot. can you explain how the bank uses the lot to help with finance. I have a starter home that I live in . I still owe a small amount on it. How much would 350000 home down payment in the year 2024?
@anar98295 күн бұрын
Not for the NYC(
@Sarasjourney5 күн бұрын
Where is this ? Which state ?
@NicoleNark4 күн бұрын
Arkansas
@AirmanKolberg5 күн бұрын
“How to Build Your OWN House” should have been titled, “How to Get a Bank to Pay Other People to Build a House for You”. 🤣
@nycbankers14275 күн бұрын
So can I buy a multi family home live in one unit and rent out the rest even tho I’ll be using that as my primary residence?
@nycbankers14275 күн бұрын
Would low income be a challenge in qualifying for an FHA loan for an investment property or not ?
@josephboateng21255 күн бұрын
Great information in the video. I learnt. Thank you. But the background music was loud and distracting and made it difficult to hear you sometimes.
@samanthasantamaria976 күн бұрын
Do we buy the property first or it is included in the loan
@fmbandmiami6 күн бұрын
This was great
@MBBuildWealth7 күн бұрын
Great resource! Understanding the construction process is key to building your dream home. Looking forward to learning how to get started and navigate each step effectively! 🏠
@MBBuildWealth7 күн бұрын
That’s awesome! House hacking is such a smart way to live for free while building equity. Can’t wait to see the breakdown and tour of your duplex! 🏡💰
@user-yk8ji6bl8k7 күн бұрын
Where in the world is this duplex sitting on
@user-yk8ji6bl8k7 күн бұрын
😂 300,000 for a duplex I do not believe that in one bit because everybody else is talking about a million dollars
@NicoleNark5 күн бұрын
We are in Arkansas, that’s why.
@gary.haynes7 күн бұрын
Hey Guys, I appreciate the details you give, and the step by step. I have run a number of building projects for some projects of mine, but it's been a long time, and I'm getting ready to do some new ones. So your info is very helpful, to help me get back up to date. One thing I get curious about, watching your videos, is the overall project. How much the land cost, appraised value in the end, so how much profit or equity you made, and if rentals, what are the expected costs and profits of keeping the rentals. Thank.s
@rogermenjivar14389 күн бұрын
Would you guys share like the house plans? Venders for cabinets, etc? :P
@angelevans53919 күн бұрын
What is the square footage of the foundation?
@Hiking_Canada10 күн бұрын
Did you build in Canada? or U.S which province?
@TeluguAbbi11 күн бұрын
Your perfect planning reflects in the house - it’s roof, windows, garages look top notch while remaining with in budget. Did you guys already own the land? I may have missed that
@innerGwest12 күн бұрын
What if you already own the land, could you apply for the construction loan as well??
@ynbspazz688312 күн бұрын
The fact I just seen this I was getting rejected due to debt and credit not matching the amount of money realtor notified me that I needed a 640 and I’m a single individual it felt impossible but this information was needed! Now I won’t stop till I’m pre-approved with one income debt free with work history sliced by end of the year.
@aidancarcido12 күн бұрын
ugh i need to start my real estate life but i live in california
@JamesMFInvest12 күн бұрын
Building a duplex isn’t just about saving money; it’s about creating long-term wealth and financial freedom.
@StopSnatchin13 күн бұрын
How many Sq ft? How many bedrooms and bathrooms?
@ocean123313 күн бұрын
NO TWO TIME CLOSING‼️‼️ ONE ONLY ‼️💯‼️‼️
@GoldenEraPharaoh13 күн бұрын
Her face drop at 7:39 when you ratted her out 🤣😤 Then her remembering the fact is hilarious. Keep up the great job guys ! Subscribed and tuned in !
@arianajones30813 күн бұрын
A video going more in depth would be great if already a video out plz disregard ❤
@JoelRSA-USA13 күн бұрын
Credit ✅ DTI ✅ deposit ⬜... New construction coming soon 😀
@betinawilson600713 күн бұрын
Need help… crittenden county, Arkansas. Own my land already
@richardl618814 күн бұрын
Great video! And I watched your breakdown of the estimated vs actual costs video, too! Just curious what the LTR (long term rental) income would be for one of your units? And it looks like you took out a $500K mortgage @ 25% down and 6% interest rate to payoff the construction loan and build a nice nest egg for yourselves and for rainy days! 😊
@Trace15314 күн бұрын
How long does a approval last, and how early should you get with realtors and loans approved.
@freewayron15 күн бұрын
So basically, to summarize this whole video you're saying DONT DO THIS unless you're a millionaire?!
@NicoleNark10 күн бұрын
You don’t have to be a millionaire, but you do have to be financially stable!
@brenitagilbert325216 күн бұрын
Very informative. I’m interested in building a live in duplex in Chicago. I’m nervous about the cost of a build however I know I don’t want the headache of a rehab.
@jayceehoward210216 күн бұрын
How does lending work for a ground up build like this. I’m interested in building a barndominium.
@juanrangel945016 күн бұрын
thank you for that wonderfully explanation ... quick question can i present my own drawn home plnas?
@etheljoyvillamayor418 күн бұрын
What if student loan is in forbearance?
@YerYang-l7e18 күн бұрын
You're awesome!! Thanks for the explanation.
@limitlesswealthbuilders811320 күн бұрын
Interested in the floor plan for purchase
@Nurrrrrrrrrrrr20 күн бұрын
Nice work 😊
@savvyhomesjm87621 күн бұрын
Thanks guys for sharing. You are doing a great service to the construction community, particularly, for smaller firms. Appreciated.