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All Forum Posts by: Paul LaSpina

Paul LaSpina has started 18 posts and replied 75 times.

Post: Las cruces triplex Help me analyze this deal

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
The ARV is $385? Why would you pay $100k more than what it’s worth?

Post: Master Mind Group 4 Beginner's: Looking for 4-6 members.

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
Ok, I’d be willing to dedicate some time to discussing CRE with other new investors Paul

Post: House Hacking a Multifamily in Brooklyn? Possible to break even?

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
How much you plan on investing? You’d need about $2000000

Post: Re- Assign a wholesale contract??

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
Larry T. Thanks! Any special contracts? Does it still go to 1 single closing and the fee’s get distributed to both sales? What’s the process?

Post: Re- Assign a wholesale contract??

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
Can a contract I agree to buy from a wholesaler be “Re-Assigned” to another flipper/Retail buyer? If so, any “special docs needed? Does the seller have to be advised? Anything illegal about it?

Post: First Analysis of Rental Bought with private money

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
Monica Litster contact me and I’ll help run the numbers the right way

Post: New NY Metro Investor -Ready to Invest

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
Barry Sanders get in touch with me to discuss

Post: New NY Metro Investor -Ready to Invest

Paul LaSpinaPosted
  • Specialist
  • Manhattan, NY
  • Posts 85
  • Votes 12
What kind of partner are you looking for? Have you given any thought to business structure?

Post: Are owners willing to show their T12?

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

@Michele G.

Thanks Michele !! that was helpful...How is investing business going for you?

Post: Business Structure of LLC and partners

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

@Omar Khan

OK, if he's Good with "Signing off" on ALL debt incurred by this LLC then this structure is fine ? or, don't even bother with any LLC's ? form a "partnership" with Umbrella ins ?

How is a "partnership" formed for these purposes?