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15 October 2024 | 2 replies
Not sure if I should structure as a traditional home sale + a separate business package including all accessory structures, furniture, biz ops, STR license, etc.Maybe as an add on if someone wants to use it as a hostel business as well but still open to a traditional buyer purchase separately.
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15 October 2024 | 6 replies
Looking to structure the deal with concession's to come as little out of pocket as possible so I have different offers in mind, but the payment is between the ranges.I figure another 20% for Property Management, Vacancy, Maintenance which totals to $1,100.84/M-$1,146.14/M.
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15 October 2024 | 12 replies
I have a couple of questions about ownership structure and a couple about possible cash out finance options for my existing properties.
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16 October 2024 | 5 replies
They were familiar with the whole life policy collateral structure and gave him a decent rate.
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16 October 2024 | 5 replies
@Olivier ChaineIn all trust deed or mortgage documents written by instructional lenders that I’ve come across, a change in ownership/manager structure of an LLC holding title to a property is a violation of the “due on sale” clause, so from a purely covenant violation sense purchasing the LLC doesn’t help you.
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15 October 2024 | 12 replies
Mastering negotiation and structure is crucial.Good luck!
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16 October 2024 | 17 replies
Make sure you are given more jobs, are seen as being affiliated with the firm or investor and get them to set up a compensation structure where you are a stake holder in the property for your efforts.
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15 October 2024 | 0 replies
Does anyone know of any options for covering the structure until it is complete?
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14 October 2024 | 2 replies
Since 2020 we've been selling these units to individuals and organizations that may buy from 1 to 5-6 units each, but currently trying to expand our business.Given the interest rates for financing these types of structures and how much landlords are charging (for both short-term and long-term rentals), I found that the net income is way higher than the average mortgage payment, so basically it's free money.I've been thinking it'd be a good idea to partner up with a real estate developer to develop a mobile park.
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17 October 2024 | 21 replies
I mean the challenge is in complying with them with an unusual structure.