@_TravisV__@BowTiedBull@craiglambert_io@blahblahblah_02 I’m guessing with a balance that high you aren’t directly borrowing against the 401k balance but instead you the person. Maybe the lender looks at your whole balance sheet including the 401k and lends against it.
@subdivisionguy Cabinets kill my profit every time. That and unexpected rock breaking. I’m able to build around $150/sf hard costs and sell for around $200. Still slim margins tho
@subdivisionguy@landlawyerbrian I had a guy present me with an opportunity, 1M purchase, could divide into 24 lots which would sell at 220k per lot. Would need 3,000 linear feet of road and all utilities. Have never done infrastructure before.
@subdivisionguy@landlawyerbrian With water, sewer, electric, storm drain and curbs. What’s your $/LF you budget for on average? I have heard 5-600 in KC and thought it sounded high
@DietCoke82 Do you have any advice on transitioning from building single family to small multi? I went from building 1 house at a time to now having multiple simultaneously but the intent was always to gradually shift into commercial