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26 September 2024 | 10 replies
I am interested in pursuing the legal structure of creating a land trust that owns the investment property and the land trust is within a WY LLC.I have spoken to NCH, but I was wondering if any of you have recommendations of other companies that can help setup this structure for houses outside of WY.Thanks in advance**I am NOT looking for comments on why this is useless, unnecessary etc.
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27 September 2024 | 44 replies
. $150 seems like a steep cost just to find out what the fee structure might be.
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27 September 2024 | 10 replies
Just want to shorten the learning curve and have structured education.
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27 September 2024 | 0 replies
My constraints are that I am only 24 and do not have any previous lending history nearly to this capacity, as well as having limited knowledge on how to structure these deals with subdivisions.
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28 September 2024 | 1 reply
Hi Scott,It seems like you’ve got a strong understanding of creative financing and investing strategies, but I do have a couple of comments and suggestions that could help you improve future deals.First, while your financing structure was incredibly effective, it’s crucial to always account for potential delays in renovation and build in a buffer for holding costs.
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30 September 2024 | 10 replies
., 3+1+1 extension structure).Confirm if the deal involves bridge loans or fixed-rate, long-term agency financing.Assess if the extension options are realistic based on the current and projected market conditions.
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27 September 2024 | 13 replies
Having it in both FL (my domicile) and CT (property location), created double the work and fees in both states.From what I can tell this isn't the right entity structure anyway, so I can imagine it was a pain with many extra costs!
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28 September 2024 | 14 replies
It's not a zero sum game and they don't have anything to gain by telling you straight, ie they're not going to tell you it's a chump fund if the underlying structure is solid.
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26 September 2024 | 8 replies
I can refer you to a few title companies who are familiar with structuring these contracts but are not San Diego based.
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27 September 2024 | 18 replies
Perhaps the conventional 5% down, but since I am self-employed and write everything off, I am being told that I would still need to put down 20% and provide a year's worth of bank statements to satisfy the underwriter.My question for the community is: does anyone have any ideas on how I might structure my first deal to acquire property number one?