Hayden Wright
Options and recommendations for a paid multifamily mentor/course
19 September 2021 | 19 replies
Hey Hayden, I'm generally a proponent but I think it depends on your personal situation and your disposition.
Grant Spruill
Best program/class to learn multi family investing syndication
19 October 2022 | 14 replies
@Grant Spruill Do you want to operate (acquisitions, asset management, disposition), or would you like to syndicate and raise capital (raise capital, build a platform, due diligence, stay compliant, investor relations, educate investors, marketing)?
Account Closed
Found an off market deal. Need help
30 May 2019 | 34 replies
Have you done a basic search to see what the disposition of the property is in terms of taxes owed, liens, probate, etc.?
Tyson Scheutze
Making Mistakes Like Motown and the Beginning of Auben
18 January 2024 | 0 replies
We tried to be creative in our dispositions, holding open houses and offering rent-to-own lease purchases.
Adam Christopher Zaleski
How to deal with a wealthy co-signer parent that is a financial bully
10 January 2024 | 18 replies
Just make sure you have fully complied with local and State laws with regard to mailing out the disposition, and also respond to the demand letters in a timely manner.
Karen Reyes-Arenas
Title company refusal to release “lease back funds” to buyer
10 January 2024 | 5 replies
If both you and the seller can not agree on the disposition of the funds...it isnt the title company that upholds the contract, it will be the courts that do.
Scott Trench
Criteria for Hard Money Loan
12 January 2024 | 4 replies
“Good Thesis” for Single Hard Money Loan: Borrower: Experience with multiple flips in target marketBut… doesn’t have more than a handful of flips going on at any one timeFlip is next logical progression:Example: Flipper used to doing SFH in a given market for past several years is doing a slightly larger project, or scaling to do two simultaneously.Example: Flipper used to doing SFH in a given market is not progressing from small fix and flips to a $2M luxury quadplex ground-up development in one jump.Flipping is the borrower’s full-time jobOr, their single side project in an otherwise established careerFlipper does not have 10 other projects going onBorrower has established contractor networkBonus: Has established contractor skillset and licenseBonus: Has deep experience personally remodeling flipsBorrower personally guarantees loan:Has material assets and net worthIs not highly leveragedHas a cash flow positive lifestyleDeal: Close, clear comps support both acquisition and disposition priceProject timeline and rehab plan is detailed and specificBorrower is willing to loan disbursements staged upon completion of clear project milestonesBorrower has procured binding quotes from contractors regarding scope of flipLoan is no higher than 80% loan-to-cost, and 70-75% of Loan-to-ARVBorrower is putting some skin in the game:Borrower’s equity is not just them buying the property at a discountBorrower is committing at least 10% (preferably 20%) of project cost in cash from their own personal accumulationTimeline is as tight as possible:Cosmetic Flip is less than 3-5 monthsMajor Rehab is less than 1 yearScrape and Rebuild is less than 18 monthsLonger timelines = more conservative Debt to Equity
Sean Morrisey
Delaware Statutory Trust vs. 506B Syndication
16 July 2023 | 16 replies
Can anyone provide advice and/or strategies to rollover non-IRA funds on syndication disposition?
Scott Trench
Are You Giving Your Syndicator A "Free Spin"?
2 January 2024 | 17 replies
. - $1M disposition fee (assuming property value at exit does not change at all)- $0-5M+ carried interest (20-30% of profits).
Peter Faulkner
Boutique Hotel Opportunity
23 April 2021 | 13 replies
Many times you can use it for other tax savings including disposition property abatement etc.if it's not- you don't go through with it.The benefit analysis is free and the cost of the study is a right off.