All Forum Posts by: Dean Cacciola
Dean Cacciola has started 0 posts and replied 4 times.
Post: Structuring Ownership when Another Person Holds the Mortgage?
Dean CacciolaPosted
- Flipper/Rehabber
- Clay, NY
- Posts 4
- Votes 2
I've seen a note, mortgage or an agreement used. As Long as both sides have skin in the game that should work out OK. I would leave ownership in your name preferably or company LLC name.
If not it’s family I’ve seen where they could have it in their name but there’s an agreement that you own half. You always can record the agreement at the courthouse.
Post: Funding options for my next project
Dean CacciolaPosted
- Flipper/Rehabber
- Clay, NY
- Posts 4
- Votes 2
Private money or FHA 203k if that works there.
Post: WHY I LOVE PRIVATE MONEY LENDERS
Dean CacciolaPosted
- Flipper/Rehabber
- Clay, NY
- Posts 4
- Votes 2
That’s a great story thank you for sharing that with us. I have a very similar story just really taking off again as I secure more private money.
Good Luck to you!
Post: Lending Money for Flip from LLC or Personal Name?
Dean CacciolaPosted
- Flipper/Rehabber
- Clay, NY
- Posts 4
- Votes 2
I would if someone gets hurt and sues you the llc provides protection.
You can have them sign a deed ahead of time in case of a problem.