All Forum Posts by: Manuel Angeles

@Jay Hinrichs we like to repay them the points and interest, then split the profit

We just want to make sure they have some skin in the game >=)

Our company finances 100% of purchase and rehab, with joint venture equity splits.

We buy the property in a land trust, and put ourselves both as beneficiaries of the trust.

That is one option

Our company JV's with experienced rehabbers...

we fund the 100% purchase and rehab, they pay for points and interest and closing costs, then split the equity 50/50

Hard money lenders are a dime a dozen.. usually they'll go up to 80% LTV.

Our company does 100% financing of purchase and rehab... unless the borrower has no experience. All deals are negotiable.

When it comes to joint ventures and lending, we keep it simple. Our company puts up 100% of the purchase and rehab cost. The rehabber pays points, interests, and closing costs. On the back end, we split profits according, usually 50/50.

@Jimmy Cantave Our company joint ventures with fix and flippers. We put up 100% of purchase and rehab. The rehabber pays for closing costs, points, and interest. Under certain circumstances, we can roll them into the loan. At the end, we split profits 50/50.