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All Forum Posts by: Paul LaSpina

Paul LaSpina has started 18 posts and replied 75 times.

Tina, Are you still looking for $$ on this deal? Paul L

Post: Looking to Invest in 6-10 unit Multifamily - Northeast US

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
Hey Pranay, I’ve been buying properties about 2 hours out of NYC in a value add market, are you looking for a 90% investor/s? You’re going to operate? Do you have teams in place? I have boots on the ground in my market, I am also live in NYC

Post: Documents needed for engaging a private money lender?

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12

When initially engaging a private lender on a deal, what documents should be executed to:

A- Get their commitment

B- Structure business arrangement/partnership

C- Transfer funds

D- transfer payments

Thank you in advance!

I have an private money lender that is ready to invest in a project. What documents should the lender have to sign to get the process started and what documents going forward?

Thank you!

Post: Partner Wholesale deals

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
Partner up in what way? What are you looking to do? Paul

I'm managing a boutique fund for MFH/Commercial Investments in a specific market. Out goal is to raise private money for these investors to Co-Invest along larger more experienced investors. Displaying how these Secured and Insured deals can potentially generate better returns with lower expenses.

Is anyone out there using "Creative" capital sourcing strategies that may generally be overlooked by the "BIG" players that are looking for the same capital funds?

Post: Deal Flow Process?? Get it under contract, them what?

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
No help on this?

Post: Deal Flow Process?? Get it under contract, them what?

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
Am kind of looking for answers to the questions not really a critique of my post

Post: Deal Flow Process?? Get it under contract, them what?

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12

OK, I get the deal under contract (Let's assume a multi unit commercial deal) what is the process from that point? what paper work is the very next thing? what $$ is needed to continue to move the process along? who do we get involved next? (Attorneys/Appraisers/CPA/inspector etc.)

I am new to this and would like to see what I need to expect after I get an owner to accept my offer and sign a purchased agreement?

Thank you for any responses.