All Forum Posts by: Charlotte Dunford

Could phase 1 environmental study be a deal breaker? How so?

@Tracy Jarchow is it customary the seller's responsibility to work on the promissory note though?

In a seller financing deal, does the seller pay for their own doc prep fees including the promissory note? Also, is the title company supposed to provide you with the information on the closing costs? Thanks all. 

@Brian Adams exactly. Being under contract is just a start. There is a long long way to go till closing.

@Brian Adams also I see that you are a syndicator as well. So do you recommend your LP's to set up an LLC for themselves. And then they use this LLC to participate in our SPE? are there tax advantages to that? Just curious.

@Brian Adams 50 units

@Brian Adams much appreciated! I'm about to go under contract and I just wanted to seek some opinions:)

@Brian Adams so would it be ok to sign the contract with my own name, and then assign the PSA to the SPE prior to closing?

@Brian Adams thank you Brian! Really appreciate the advice.

@David Miller I really appreciate it. Thank you David.