All Forum Posts by: Keilon Morton

@Chris Seveney This would be the first I have done for myself. The tax lien is $37k, I figured the terms we very generous but with it being my first deal, I wanted to make sure it was a worthwhile endeavor for a potential partner investor. 

I am looking to secure my first tax sale and need another investor to go in on the deal. What are some terms that would appeal to an investor? I've never had to use hard money before, so I am not sure what type of conditions are reasonable. I am offering 15% interest on the initial investment plus 40% ROI after a six-month grace period. What penalties are normal for this type of partnership?

I am a real estate agent and have begun working with investors. I have a client that has purchased 4 properties and we are working on a deal for his 5th. Should he create an LLC at this point to protect his personal assets and separate them from the rental/flip properties? If so, are there any suggestions on how to do so?