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16 December 2024 | 19 replies
Depending on property titling one partner can get the conventional financing and the other can make a gift or use their assets for the remainder.
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17 December 2024 | 36 replies
Having the right partners on the design and build is what I have found to be the most important piece of the puzzle.
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16 December 2024 | 7 replies
Within a week I sold my 60% interest to the minority partner for $190,000 CASH.
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12 December 2024 | 10 replies
3) Is there a chart in BP which tracks what is promised and what is delivered since inception by the Syndicate/promoter/General Partners?
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12 December 2024 | 1 reply
Is there anyone they partner with here to put on US MLS, eBay, FB, all the social media sites, craigslist, land watch, land.com, etc.Who is your target buyer?
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18 December 2024 | 23 replies
@Colby Easterling leaning toward doing an all-in-one loan and paying off mortgage quickly and then using the all-in-one to buy/finance BRRRR's, and fund my own flips (I already do a lot of flips with partners/OPM).
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10 December 2024 | 8 replies
Some use family and friends or partner and give up a percentage of the deal.
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14 December 2024 | 6 replies
Clearly this structure has been discussed amongst prospective partners since "Mike the builder" has instructed the parties how the purchase agreement should be papered.
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13 December 2024 | 2 replies
Discuss this with the lender before proceeding.Partnership or Joint Venture:Structure the purchase with a partner or entity while maintaining the assumption in your name.This allows you to benefit from the entity's structure while complying with VA loan rules.Entity-Owned Financing:If assuming the VA loan isn’t feasible, explore refinancing into a non-VA loan owned by your entity after the property is acquired.4.
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13 December 2024 | 5 replies
It also positions you to work more effectively with lenders and partners who want to see a professional financial setup.How are others here organizing their finances?