All Forum Posts by: Nate Sanow

Just curious as I find that partnerships work for seasons and then people change…not always in a bad way, sometimes in a sense of, like, they just want to take it easy after their success….not in spite of others, but sometimes someone else still wants to grind away and grow….have you ever seen that?

Hi Nate.

We all contribute equally capital wise.

As of now we have no plans of dissolving but we may cap out on acquiring at some point based off of the fact we self manage and have young families so all of the moving parts may become too much.

And I have absolutely seen that before / can see it being a possibility. I have a much larger interest and passion for RE than my other partners (not saying that’s better by any means), but I can see potentially partnering with others down the line in different ventures.

I work with quite a few other investors being a broker who have branched off to other partners for one reason or another (and like you mentioned, not necessarily because the other partnerships went south or were bad).

Thanks Nate!

Cool. Thanks for sharing

0 Votes

Wilkes Barre Scranton, Pennsylvania

Yes but C class and after a project it is still possible. 20% down and on the market is harder. Off market is usually where it is at.

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How do you structure the initial capital contributions? Is it all equal or is someone a “money guy?”

Do you ever plan to dissolve or do you plan to hold together for forever?

0 Votes

Wilkes Barre Scranton, Pennsylvania

Find a deal, money will find you

2 Votes

Henderson, Nevada

Everyone will have some fees besides points, but the trick is not having too much in points. 2 points is my ceiling if it gets into 3-4 range it gets hairy.

0 Votes

Interesting deal and good for you getting something so low. Oklahoma City doesn’t always have much below $100,000. It will only go up from there.

1 Vote

In my opinion with SOW the only way to learn is action. ARV is similar but with that you have to learn from an agent for now … with SOW go slow, get a few, and co-create it with the GC.

0 Votes

Upstate New York, New York

@Diara Campbell money is one form of value. Finding really good deals is another, and, with really good deals the money follows.

0 Votes

Los Angeles County, California

Quote from @Robin Evans:

Quote from @Juan Ayala:

I'm looking to get a business LOC and would like to know what people think about transferring the deed to a property into the business; would this be beneficial to the LOC approvalWe

@Nate SanowWe are looking into business LOC as well and found a local credit union that says our numbers on the application look good but most of our equity is in rentals (we have 4 rentals under the business name). They can use our equity in the rentals to approve LOC if we agree for them to put second lien on the properties. We are just very new to second lien and not sure if we should let them do it. But we have to have something to use as collateral to ease bank's mind, right?

Yeah. If used wisely, with multiple exits in place to make sure it’s paid back no matter what, cool.

1 Vote

Detroit, Michigan

All Forum Posts by: Nate Sanow

Nate Sanow has started 20 posts and replied 1459 times.

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Post: My First Investment - Oklahoma City

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Post: Eager to start investing, good credit

Post: Business Line of Credit