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All Forum Posts by: Nicolas Feraud

Nicolas Feraud has started 3 posts and replied 3 times.

Post: Looking for recommendations. I need a real estate attorney in FL

Nicolas FeraudPosted
  • Real Estate Investor
  • Miami, FL
  • Posts 5
  • Votes 0

Hi All,

Im looking for a resl estate attorney in florida to help me modify a contract I have and to work as legal advisor when needed. 

Do you have something you trust that you dont have to brake the bank every time you call??

Looking for recommendations, thanks a lot!

Post: Double Closing Fundamentals

Nicolas FeraudPosted
  • Real Estate Investor
  • Miami, FL
  • Posts 5
  • Votes 0

Hi there,

I'm looking to do a double closing for a big 245 unit building priced 27.5M

the funds are comming from a very big hedge fund, typically I would assign the contract and get an assignment fee, but these guys are not allowed to pay fees, So I though of the double closing as a viable option to make a profit.

Now, my lawyer/escrow company told me that I will have to send an earnest money deposit to fullfil my obligations with the seller and then I will get an earnest money deposit from the buyer.

My question is, can I use the earnest money deposit from the buyer to pay the seller? so I dont have to put money out of my pocket?

Thanks a lot,

Nico

Post: Getting A Commercial Loan Being A Non-resident

Nicolas FeraudPosted
  • Real Estate Investor
  • Miami, FL
  • Posts 5
  • Votes 0

Hi everyone!
I'm looking forward to invest in the US in apartment buildings, but I'm not resident from the US, I was wondering if there's any difference between being or not a US resident to invest there.
Thanks!