Quote:
for a conventional bank loan you will need liquidity. Banks need to be comfortable knowing someone will step up and fund the project if it goes over budget But there's other ways to skin a cat you can find a rich partner and give him a piece of the backend for guaranteeing the loan you can get a hard money loan |
Quote:
I'm closing on two lots to build 4 flats on and sell as condos this month and not using a dime of my own money. Even better yet, I am trying to tie up three buildings with 13 units total where the current owner owns them free and clear and is contributing them to a JV so I can redevelop them. One of them is a huge 35'x125' corner lot where I hope to build six or more condos on top of retail. It's easy to get the loan when your JV owns the property cash. |
Quote:
|
Quote:
For example it tells about redevelopment projects called "mezzanine financing" with the property in Berlin: "European Union (EU) key interest rates recently hit an all-time low. Bank financing is now only 1.5–3% per annum, while yields on fixed deposits, bonds and rental properties have shrunk. Because of this, investors are now looking for other ways to grow their savings. Many have turned to more profitable strategies known as Value Added projects, which include property construction or redevelopment.(...)" https://tranio.com/articles/how-to-i...modest-budget/ |
how to become architect developer
Stage 1: Bachelor's Degree
A four year certification in software engineering or programming designing can get ready understudies for professions as frameworks draftsmen. A four year certification program in software engineering may incorporate coursework in website architecture and programming, database organization, and system framework. A few schools offer software engineering programs with an accentuation in systems administration, programming, programming building, or security. Any of these projects can be important for a profession in frameworks design. Achievement Tip Take an interest an entry level position. Temporary position programs offered by schools or organizations can furnish hands-on involvement with PC programming and investigation, equipment, working frameworks, and capacity learning. Experience can be precious when searching for business. Stage 2: Work Experience A passage level position as a frameworks modeler can give the essential experience to a more elevated amount position. Passage level occupation obligations may incorporate arranging and supervising ventures, unraveling issues, and taking an interest in gatherings. More elevated amount work obligations incorporate giving improvement support and help, composing forms, reporting results, and overseeing ventures. Stage 3: Certification The Project Management Institute (PMI) offers a Project Management Professional (PMP) accreditation that shows competency and involvement in task administration. Confirmation necessities incorporate a four year certification with 4,500 hours of involvement in task authority and 35 hours of venture the executives instruction. On the other hand, applicants with a secondary school confirmation in addition to 7,500 hours of experience and 60 hours of preparing may likewise qualify. All candidates must pass a composed test to wind up affirmed. The Project Management Professional (PMP) confirmation must be reestablished at regular intervals by finishing 60 hours of affirmed coursework or volunteering administrations. The Information Technology Infrastructure Library (ITIL) offers a few dimensions of accreditation. The establishment affirmation exhibits general learning of data innovation (IT) structure. Prerequisites incorporate two years of expert experience and a passing score on a composed test. Extra dimensions of confirmation incorporate transitional, overseeing over the lifecycle, master, and ace. Candidates for these confirmations must pass extra examinations. We should audit… Systems planners more often than not require a four-year degree in software engineering or programming building. As of September 2016, the middle yearly pay for a product build was $106,430. |
Thanks for sharing an informative post.
|
Quote:
Thanks |
Quote:
Thanks for this info.:cheers: |
Quote:
Thanks for sharing this. :cheers: |
Quote:
|
Quote:
|
All times are GMT. The time now is 10:48 AM. |
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.