All Forum Posts by: Chad Koenig
Chad Koenig has started 0 posts and replied 5 times.
Post: Cheapest way to build Small units or duplex? Phoenix
- Posts 5
- Votes 2
Hi Lindsey if you want a duplex its going to cost a lot more than 100K, give 50-75K from a single home (two separate homes double the cost). In my opinion you have two options.
1. Get more money to build a proper duplex
2. You could build a few tiny homes, air b and b one and rent long-term the other to save money.
3. try your luck with these guys https://azbigmedia.com/real-es...
https://www.prefabreview.com/b...
Even with the pre-fab container; provided you go the extra mile to get it approved by the city etc (if they will), I would be shocked to see it fall under 100K.
The tiny home maybe a novelty, but it works and it rents for the immediate future. I'm interested in other's comments.
I think I inquired about a property you owned through craigslist, small world.
Post: Use HELOC to paydown mortgage fast
- Posts 5
- Votes 2
Yes I suppose so just using a credit card might work
Post: Use HELOC to paydown mortgage fast
- Posts 5
- Votes 2
Originally posted by @Roy N.:
So, undoubtedly, you have realized it is the frequency of the {pre}payments that is significant and the HELoC is not actually necessary.
Post: Use HELOC to paydown mortgage fast
- Posts 5
- Votes 2
I just want to post the calculator using HELOC since it took me an hour and half in my stupidity to figure it out.