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12 November 2024 | 2 replies
You may have a case if you can prove the builder neglected a structural standard, especially since other units received retaining walls.
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11 November 2024 | 2 replies
There’s also future development potential given the size of the land and zoning (allows for medium density development up to 8 units per property).What would be the best way to structure financing for a deal like this?
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13 November 2024 | 4 replies
You are looking for evidence of water and mold and assessing the structural integrity of the walls and support beams.2.
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7 November 2024 | 4 replies
There is plenty of end user demand, but not enough housing supply or enough equity capital.
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12 November 2024 | 5 replies
But for straightforward setups, you can actually form an LLC directly on the PA Department of State website yourself, and it’s very cost-effective.For larger portfolios or more complex structures, some investors prefer going through a real estate attorney to ensure their LLC is set up to maximize tax benefits and liability protection.
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11 November 2024 | 4 replies
I've been involved in two JV BRRRRs with Land Trust ownership structure, the one we still own happens to have Joe Seagle's company as trustee who replied above.
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14 November 2024 | 22 replies
Their familiarity with the local market and diverse financial products could be beneficial.Huntington Bank: With a significant presence in Ohio, Huntington Bank provides various commercial banking solutions and has a history of working with business clients, including those with complex ownership structures.PNC Bank: As a major regional bank, PNC offers comprehensive commercial banking services and has experience dealing with corporate clients, which may align with your fund's requirements.It's advisable to contact these banks directly to discuss your specific needs and assess their ability to accommodate your investment structure without personal guarantees.
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8 November 2024 | 4 replies
How do you handle contractor schedules and supply chain slowdowns?
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12 November 2024 | 3 replies
I originally lived in it for a year, while if fixed it up so i only had to put 5% down + closing costs(25,000), and the property has appreciated 8% over the past two years(20,000) but not sure if i should rent it at a loss and structure the lease so i am in a more favorable leasing cycle, or plan to sell it.
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11 November 2024 | 36 replies
If accepted, I have my inspector inspect the property and provide me a report on the state of all systems and structural. then I use this report to build my scope of work and know what repairs need to be made. then I type out this list and solicit bids from 2-3 contractors/GCs/ handymen depending on the nature of the rehab.