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All Forum Posts by: Maverick Pate

Maverick Pate has started 5 posts and replied 6 times.

Post: New Construction Development investing

Maverick PatePosted
  • Wilmington, NC
  • Posts 7
  • Votes 2

Does anyone Invest in New development? Like apartments, Hotels, residential subdivisions, self storages

Post: New Construction loans

Maverick PatePosted
  • Wilmington, NC
  • Posts 7
  • Votes 2

Does anyone do New Construction Spec Houses or New Construction apartments? How do you the horizontal financing ?

New Construction Spec House loans. How to get the upfront money to purchase the lots, Permits, water and swear hookups

Post: Renovation Apartments / commercial

Maverick PatePosted
  • Wilmington, NC
  • Posts 7
  • Votes 2

Hello everyone, This project came over my desk. They are asking 1,200,000. It needs a ton of work. I was wondering if people would give me feed back into this investment. This location is one of the best. I wanted to turn it into apartments. Maybe some commercial retail on the bottom. What should I offer?

Post: Building Shipping Containers and Selling

Maverick PatePosted
  • Wilmington, NC
  • Posts 7
  • Votes 2

@JR M. I don't  know how they would be taxed. Or even if a bank will loan money. If not I was going to have the home owners finance it through me and charge a higher percentage. I am really well known in the construction field. So I believe I could cut a lot of cost out. I bought I set of plans for one.

Post: Building Shipping Containers and Selling

Maverick PatePosted
  • Wilmington, NC
  • Posts 7
  • Votes 2

Hello, everyone I'm new to BiggerPockets. Just give me time and I will become a Pro member. I'm Starting a discussion about shipping container homes. I'm currently looking in to building and selling shipping container homes. I think I could break into a new market. I believe I could offer something better and a lot more environment friendly at a lot cheaper cost then a home. If any one knows anything about shipping containers please let me know.