Jeremy E Van Dam
Partnerships and Legal Entities
I am curious about the best way to structure a partnership between multiple parties. For example if you have three people pool money to purchase a property, and then they want to use the profits from the first propert...
Pete Perez
Negotiation Question! Please Help!
Hi Everyone,I am in the process of purchasing my first duplex and I have a question about asking for closing credits. We had inspection and sewer scoped today. Sewer looked great, both service panels need to be replac...
Jason Hsiao
Required forms and title transfer for private purchase
This is for a friend, who is planning to purchase a property directly from someone in the family. What forms do they need to prep? There's no mortgage on it currently but the buyer would need financing. Seems like For...
Nikki Aine
Mortgage question - getting a mortgage under my sister
Hi All,
So i bought a condo last year and rented it out for a small profit monthly. I am planning to buy another condo under my sister ( mortgage). I will be paying the downpayment and managing rent collection and a...
Heather Kahn
10 Unit Apartment Complex
Investment Info:
Large multi-family (5+ units) commercial investment investment in Bellingham.
Purchase price: $1,730,000
Cash invested: $450,000
Sale price: $1,730,000
10 Unit Apartment in a cen...
Rob Gervais
Partner Ship Question
Hello everyone, I’m creating a partnership with the intent to purchase a house. As many of us know, it is significantly easier to get financing in your own name as opposed to an LLC. That said, if I were to secure a l...
Kermit M.
Cleaning Hard Money ???
I have an REO transaction that has been dragging on for almost 2 months now. It started as a simple flip. This is scenario:
-House has ARV of 120k
-We are under a JV agreement to purchase the House for 30k private f...
Amanda Wetherbee
GP Interest Brokerages
I'm looking to find brokerages (or anyone with a listing really!) specializing in GP interests in TN and SC. I work with a property developer, builder, and manager and we're looking to purchase GP interests in both s...
Paul L
Selling on L/O - reality check
So I've read Wendy Patton's book on L/O and gone through another gurus course as well. I've also done plenty of reading in these forums. I'm suspicious that a rosy picture is being painted here. Essentially what I rea...
Chase Keller
Purchase the property or the LLC that holds the property...
Does anyone have any experience or insight on purchasing an LLC that holds property, as apposed to just purchasing the property in the LLC? Any benefits or drawbacks?I am looking at a couple opportunities; one that h...