Adam Hooper – Project price, acquisition cost, finished price, 65% loan to value based away from just what, worth of just what?

Adam Fountain – It’s really based away from both endpoints. So, today’s value as well as finished value. And then our construction loans are put up for a draw foundation, in order that we occasionally inspect and release more funds because the project gets built. But truly, if a bit of dust will probably be worth 50 grand, and they’re building a 15 million buck apartment building onto it, the very first draw is not going to be a million bucks. That’d be crazy. But yeah, so that it’s really… Yeah, we love to determine both.

Adam Hooper – so that you’ve seen on various other sources for individual money that is hard, you’re using Zestimates given that after finished value. And they’re basing their value away from a Zestimate, that we don’t even comprehend when we can say Zestimate, it could be trademarked. Is the fact that an audio strategy?

Adam Fountain – No. I don’t genuinely believe that’s an audio strategy. Continue reading Adam Hooper – Project price, acquisition cost, finished price, 65% loan to value based away from just what, worth of just what?