All Forum Posts by: Adrian Stamer

Joint venture with a money person. You'll have to give up equity but having a smaller deal is better than no deal at all

I stick to the power of negative thinking to keep me safe :)

Good luck all! Richmond sure is a busy market

 Quoted for emphasis 

cash flow can be increased thus forcing appreciation... 

 I'd recommend @Sean Tluchak, he does a good deal of investor closings in the richmond area

If you've only done an LOI you need a lawyer to draw up an actual contract and get the terms officially agreed on. LOI is just a handshake agreement it's not legally binding

Then next have a feasibility period or more specific contingencies (financing, inspection, etc) to do the rest of your due diligence on the property to protect you as you move forward

Hey and welcome. I put a few per llc but I would also base it on the property value. Also it depends on how much equity you have in them too

Have your llcs in the same state, not sure why you wouldn't since they are pass through entities anyway so not like you magically save on taxes that I know of

Good luck 

 So you want to cut out the company that lets you make the other 80%?

good luck in your search, lots of qualified and unqualified people around...