How I Financed My First Two HOME BUILDS!! (WITHOUT A CONSTRUCTION LOAN)

Рет қаралды 19,704

7 ай бұрын

Obtaining a construction loan can be difficult, especially for beginner builders and ESPECIALLY for owner builders. I called many banks prior to building these two houses and most of them rejected me because I had no experience in building and secondly because most banks do not allow owners to build their own houses. I got creative and used my own personal resources to get the job done. Now that I have a portfolio of completed home builds to show to the bank, I will have a much better chance of obtaining construction loans in the future. In this video I explain exactly how I chose to finance my first two home builds without getting a construction loan or any other loan type.
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Пікірлер: 40

@dannier2726 7 күн бұрын

Great info, I am in the process of financing my first build, The crew is framing now.

@pcbatl 7 ай бұрын

This is something that I plan on doing in Georgia. Thanks for sharing!

@fubel000 3 ай бұрын

Love the way you build it bro!

@cryptopeter1 2 ай бұрын

Case I'm Pete and totally wanting to watch every video y'all have produced. I'm absolutely impressed with everything. I'm older brother and still learning!❤

@user-tp3re7xx7n Ай бұрын

awesome video! going to do some more homework but this was genius!!!!!!!!

@The_Laid_Off_Life 7 ай бұрын

Good info!

@RealEstateGuy22 6 ай бұрын

Great info

@CocoliNurseryRhymes 7 ай бұрын

I love your videos my man keep going i do my little steps see you one day 🙂

@wordknows 7 ай бұрын

did you get your chase ink biz card using an llc and your ss as leverage to get a 100k approval or used an llc since you have a roofing company and that revenue as leverage?

@Suzukiswiftg Ай бұрын

You should get a HELOC on both properties and use that to build another investment property a block of units or something

@salemdesigns65 6 ай бұрын

Smart kid.

@bhasins 7 ай бұрын

You should publish one of the chapters of your instructional videos to give viewers a taste of how in-depth they are and how beneficial they may or may not be to new builders.

@vitaliyshevchyk323 7 ай бұрын

How much was the total site prep, such as sewer and water?

@invest2give909 7 ай бұрын

🔥🔥🔥

@JR-ur3vu 3 ай бұрын

Please drop how you paid off the credit card after the build? Did you refinance? I’m 21 in Canada looking to build next year.

@user-mt7zp6zk6u 7 ай бұрын

Did you get a 100k limit CC out the gate with Chase, Or did you build it up to that? Thats a huge limit!

@The_Laid_Off_Life 7 ай бұрын

If you deposit and do a line of credit, the bank will be fine to set that up. Once LOC is setup, you can buy and pay off CC weekly It's prime plus loan then add on any discount for using the Cc to get some cash back Cash back offsets some of the monthly interest for the LOC

@gbengaadegelu2541 7 ай бұрын

Hello Rob, can i get the complete spreadsheet you showed on this video?

@CaseLucasRobinson 7 ай бұрын

Hello, i sell them all included in my course!

@localfatty4364 3 ай бұрын

I LOVE 0% interest credit cards. My favorite tool

@alexr9490 7 ай бұрын

Hey, the couse link in the description isn't working for me

@CaseLucasRobinson 7 ай бұрын

Let me check!

@shomariboulet 7 ай бұрын

How did u get approved for the credit card and instantly got $100k limit

@KMYACANIECE 2 ай бұрын

Business Credit Card

@Daniel-im2qy 7 ай бұрын

Please let us know how did you get $100k Chase credit card limit? It is a game changer.

@rojohnalviola7433 6 ай бұрын

What happen after 12 months of no interest? Are they going to give a other promotion for another 12 months no interest?

@Dailycameron 7 ай бұрын

How many credits cards do you have ?

@CaseLucasRobinson 7 ай бұрын

Too many

@CaseLucasRobinson 7 ай бұрын

Just kidding, I think 7 or so.

@jonathans6476 7 ай бұрын

Should’ve put both houses on a single spreadsheet to show cost side by side and totals at the bottom. This was just cost for the 2nd was it not? Curious all in what you were for both houses.

@CaseLucasRobinson 7 ай бұрын

Yeah, I didn’t include much information of my first home built by mistake. But you can check out the total cost breakdown video on my channel pertaining to that build if you’d like.

@Bogdan_Petrovic 7 ай бұрын

Can you do 1031 exchange if you sell right away? You gonna have to pay hefty capital gain taxes otherwise

@Dailycameron 7 ай бұрын

Gotta hold it for a year or longer

@think41c 7 ай бұрын

Why did you regret getting the Home Depot credit card?

@thedarkdirt2680 2 ай бұрын

Your total cost wouldnt even buy a plot of land in Canada

@arthursemple6515 2 ай бұрын

Na men the sup has no license tell the truth

@properformace 5 ай бұрын

Private loans are 5o cents on the dollar and nearly impossible to have an investor trust you with $300,000. So cancel that option. Construction loan. Land needs to be paid off and you need at least 40% of the build cost in liquid assets. So cancel that option unless you have about $180k of your own money.