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All Forum Posts by: Manuel Angeles

Manuel Angeles has started 85 posts and replied 225 times.

Post: Joint Venture

Manuel AngelesPosted
  • Real Estate Broker
  • Los Angeles, CA
  • Posts 272
  • Votes 76

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

Post: Joint Venture - Is this a Scam?

Manuel AngelesPosted
  • Real Estate Broker
  • Los Angeles, CA
  • Posts 272
  • Votes 76

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

Post: Hard money lending

Manuel AngelesPosted
  • Real Estate Broker
  • Los Angeles, CA
  • Posts 272
  • Votes 76

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.

Post: Joint Venture

Manuel AngelesPosted
  • Real Estate Broker
  • Los Angeles, CA
  • Posts 272
  • Votes 76

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.

Post: Joint venture

Manuel AngelesPosted
  • Real Estate Broker
  • Los Angeles, CA
  • Posts 272
  • Votes 76

@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.