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All Forum Posts by: Derek Williams

Derek Williams has started 2 posts and replied 4 times.

Creative Real Estate Financing

Post: Getting Business Partners

Derek WilliamsPosted
  • Posts 4
  • Votes 1

Thanks Andrew for breaking this down. I should clarify that this will be a multi family rental property. Does this change things? 

0 Votes
Creative Real Estate Financing

Post: Getting Business Partners

Derek WilliamsPosted
  • Posts 4
  • Votes 1

Hello everyone, new small developer here!

How should I go about partnering up on deals? If a potential partner puts the money up for the down payment for the construction loan (which I will be carrying the mortgage), how do I come up with how to pay them back + a return/profits? how can I come up with the proper contract, etc?

0 Votes
Creative Real Estate Financing

Post: New construction advise

Derek WilliamsPosted
  • Posts 4
  • Votes 1

Thank you greatly, this was extremely helpful!

0 Votes
Creative Real Estate Financing

Post: New construction advise

Derek WilliamsPosted
  • Posts 4
  • Votes 1

Hi I'm a new real estate investor. I'm building a duplex with studio units. When should I refinance on my construction loan? What will this do for me? I don't fully understand the concept of refinancing and what factors are involved in order to do so.

1 Vote