Transfer of Ownership (11/2015):• Value at Transfer: $80,000• Ownership Structure:• Person A: 33.33% (approx. basis $26,667)• Person B: 33.33%• Person C: 33.33%3.

There are also 2 different types of fee structures - a split fee and a Host-only fee. 1.

To make extra sure it appraises high enough for the refinance, this would be after I talk to an inspector and get a few GCs to bid the job, might also get a structural engineer to come up with a repair plan for the GCs to look at when getting me bids.

I guess my point is that investors should not invest believing inflation or price appreciation will bail out a lousy investment or paying too high a price or structuring too much debt.

I worked for a family owned company that built laminated timber structures throughout the Northeast but one of the sons had a good portfolio of multi family properties throughout Jacksonville and Orlando.

The current incentive structure makes it very difficult for an assumable mortgage to actually be a tangible tool for buyers. 

They're like bank & credit union loans... but with (i) more leverage, (ii) more interest only, (iii) [typically] lower rates, (iv) non-recourse structure, and (v) no deposit requirements / no requirement to start "a relationship". 

They rented the units to bad tenants, misallocated funds (including two months’ worth of rent), and prioritized unnecessary repairs while neglecting key structural issues.

If you’d like help exploring real estate investments or structuring financing, I’m here to assist!

Let me know if you need assistance with the numbers or structuring the best deal!