I always suggest a good ERISA attorney to consult and set these up as there are issues that should be addressed at the outset as well as ongoing issues to remain in compliance.

Not only should they be willing, but the wholesaler should INSIST on going over the purchase contract with you to make sure that you are fully aware of what is going on.

If this is the extent of the damage, and there is no underlying/ongoing problem, then cutting out the loose material and spackling should be sufficient (and painted of course).

Pretty much the ongoing rate - I am assuming 30 year fixed for a jumbo.

I was paying my window supplier two days ago and his biggest client was in to pay his stuff also, 18 on-going projects.

You also need to take into consideration ongoing maintenance expenses and property management expenses, as well as expect to have some vacancy and have a reserve for that.

As Tony Robbins say, keep on going until you find it. :)

Please read the post at the top of IDD before posting there, it's for ongoing new construction, rehabs, remodels, etc.

It sounds like they did some remodel work to increase value, but also want to be paid for labor over the past year or so, which won't be an ongoing expense for you as the buyer and should be already baked in their equity spread.From what I've seen, small multi-family's can be managed for 10% of gross rents or less.

I can't get an answer to this question: rather than paying their charge of $1,400-2,200 to create a Traditional IRA LLC plus another $1,400-2,200 to create a Roth IRA LLC, I want to create two new cell/series in a Texas Series LLC to save myself the bulk of the setup and ongoing LLC costs.