All Forum Posts by: Bellman Tumasang

Let’s say a real estate private equity firm like Cardone Capital, MLG Capital etc sets up their deals like this:

8% preferred return, 1% acquisition fee, 1% asset management fee on revenues,1% disposition fee and a 70/30 profit split. Money is shared with investors and the management firm ( Cardone Capital, MLG Capital etc ) of the money paid to the management firm how is it split with sponsors and employees is it based on time worked, due diligence, who’s managing the deal etc?

Could someone please tag experts who have companies like this and can tell me how they structure things please as it would be a huge learning curve for me.

@Charles Seaman alright can you give me the website links please?

Alright do you need some lenders that give loans to property specific LLC's with no personal guarantees? Websites? What interest rates do they offer? Interest only payment periods?

@Charles Seaman alright thanks can I get the non recourse loan in a property specific LLC without me putting my assets at risk with a personal guarantee?

@Charles Seaman alright thanks can I get the non recourse loan in a property specific LLC without me putting my assets at risk with a personal guarantee?

Don’t use Loopnet to find deals. The best deals won’t be on there. Instead use Loopnet to find brokers, email and network with them. Ask them to add you to their email list saying that your interested in some deals.

Brokers see deals before they hit the market. Tell them your requirements and they’ll assist on finding you properties that meet your requirements. Brokers are willing to do this because they only get paid a commission when a property is sold so they’ll work with tons of investors and find their ideal properties to maximise their commissions.

How do I finance a commercial property in an LLC with no personal guarantee?

A lot of people say oh you always need to personally guarantee because the lender wants to minimise their risk but I know it’s possible.

Is their loans secured by the property as long as it cash flows and is at the required DSCR such as 1.25 or above?

For example I’m pretty sure that when big companies finance real estate the executives don’t have to all guarantee the loan in their own personal name?

If lenders really force personal guarantees can’t I guarantee the loan in a company’s name?

If everyone guarantees a loan wouldn’t many people be bankrupt as markets are always going up and down?

I’ll really appreciate you guys answers thanks. Could you also share this question around to experts who may know because this is a serious learning barrier for me?

Thanks in advance.

@Erez Toker I’m dying man 🤣🤣🤣

@Dennis M. 🤣🤣🤣

Ok if the LLC has a good credit and income history for years could you close in its name. For example if Apple wanted to buy billions of dollars of property I'm pretty sure they'll close as Apple Inc with no personal guarantees. Can you do the same once the LLC has assets or income etc?