All Forum Posts by: Jaclyn P.

@CJ S. Did you ever end up bringing this to court?  I am in a similar situation now, and my lawyer said very rarely does the landlord actually get paid as a result.

How much does the conference cost? I don't see any prices on the event page.

@Mary Pietronuto @Shanna Vataj @Keith Sheridan @Krystian Kucharzyk @Jacob Slomski here is the facebook group we have: https://www.facebook.com/group...

If you want to be added to the email list, contact @Mat O'Grady

I look forward to meeting everyone!

@Mary Pietronuto @Shanna Vataj I will send you a message, we have a zoom meeting coming up on the 30th I can give you the info for. We had an in person meeting in April, and I’m sure we’ll have more soon.

@Jacob Slomski welcome to BP!  We actually have a SE CT group, and we meet monthly which is currently through Zoom.  I will send you the info if you're interested :).

Hi everyone.  We are currently looking to purchase a multifamily property with a few equity partners.  The partnership agreement is to hold the property for 5 years and then sell, and pay back each equity partner their original contribution, plus their percentage of equity.

What I am wondering, is there is a way to keep the property instead of having to sell? If we do a cash out refinance, approx. 25% of the equity would remain in the house. We would be able to pay them back their original contribution, but not all their equity (if any at all, depending on the market). Is it possible for us to "buy" the property from the LLC, and get a new mortgage so we get the full sale price, instead of refinancing? Are there any other options I am overlooking?

Thanks!

@Justin Berman did you end up sending out the letters?  I'm curious how it worked out for you.

Feel free to join us for our monthly meeting.

Hi Chris! I saw one of your earlier events was in Westerly, which is pretty close to us. We have been having monthly meetings for the SE CT REI group, which are now via Zoom. Do you guys ever do virtual meetups? If so, I'd like to join one. Also if any of you want to join our calls, you're more than welcome to. We have a call tomorrow night at 7pm.

@James Lapp was the loan for a house you planned to owner occupy, or was it purely an investment property?