This counsel is not necessarily the lawyer who does your closings--look for expertise in company structure and litigation all with knowledge focused on real estate or development.  

This is a home with ~$500k value on the structure alone (land value backed out), so the study costs were worth it for us.

How I have structured these in the past is if he is coming with all of the capital and you are handling everything else than a 50/50 split is fair.

The county is the second fastest-growing in the U.S. and the fastest in North Carolina.The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured.

However, it adds complexity, costs, and doesn’t guarantee tax savings without proper structuring.

This can also make it easier to secure financing for the future multi-residential building, as you can structure it separately from the retail business.

Doing a deal like this makes sense to myself as an investor if I were to do it with 0% of my own money down and if it was structured and laid out for me.

It was around 45 days out from the end of the lease term (June 30th) for my tenants per the lease they signed and I physically had to ask the status of my tenants receiving a lease renewal and not one, but two property managers have no idea if my tenants had been sent a lease renewal nor did the property managers make any attempt to reach out to me to check in and see what I wanted to do as the landlord with a lease renewal.

I was hoping to structure a deal that involves paying the seller every month and then a balloon payment in 5 years (when I can get an 80% LTV cash out refinance to put a mortgage on the property without having to put any money down because I'll have built up at least 20%).

Looking for ideas on how to structure my late fees and what you charge.