All Forum Posts by: John Grinston
John Grinston has started 5 posts and replied 25 times.
Post: I Would like information about cost of new construction.
- Posts 25
- Votes 2
Quote from @John Grinston:
Quote from @Patti Robertson:
Hi there. I'm also in Hampton Roads and an investor. I hate to be discouraging, but I'm not sure this will be as easy as you think. Norfolk is strict on zoning so first you will have to find a lot in a neighborhood that will allow for your multi. I've been working on one myself and we had a lot in a neighborhood that allows multis and is really deep. The city said my lot isn't wide enough for what they will allow, although it is wide enough for a single family. We got luck and the house next door went up for sale, so we bought it. A lot of ducks need to be in a row to accomplish your goal. I'm not saying it's not possible, but am just suggesting you also look for buildings that are already build that you can buy. Not only will your numbers look better, it will be much easier to achieve.
Post: I Would like information about cost of new construction.
- Posts 25
- Votes 2
Quote from @Patti Robertson:
Hi there. I'm also in Hampton Roads and an investor. I hate to be discouraging, but I'm not sure this will be as easy as you think. Norfolk is strict on zoning so first you will have to find a lot in a neighborhood that will allow for your multi. I've been working on one myself and we had a lot in a neighborhood that allows multis and is really deep. The city said my lot isn't wide enough for what they will allow, although it is wide enough for a single family. We got luck and the house next door went up for sale, so we bought it. A lot of ducks need to be in a row to accomplish your goal. I'm not saying it's not possible, but am just suggesting you also look for buildings that are already build that you can buy. Not only will your numbers look better, it will be much easier to achieve.
Post: I Would like information about cost of new construction.
- Posts 25
- Votes 2
Quote from @Julie Nealey:
Hello John,
What is your background and area you are looking to build? Do you already own the land?
Thanks for the response.This will be my second purchase.I plan you use my Va loan and other funds I have.I’m in the Virginia Hampton Roads area.
Post: I Would like information about cost of new construction.
- Posts 25
- Votes 2
The realtor that I'm working with said that I would need an approval letter prior to getting prices.Do you all think its possible to talk prices before being approved.I don't want to start funding only to find out that the construction price is out of my budget.
Post: I Would like information about cost of new construction.
- Posts 25
- Votes 2
Im looking into building a multiunit in my area.I would like to know what a good price to expect per square footage for a simple build.