One of my Property Management clients has expressed an interest in selling a triplex to me using a Master Lease Option to get around the bank.

Please bare with me on this one.I own a property with a mortgage of $360k and 900k equity. I need $350k to do another business venture. The property needs about  $400k in repairs to increase the ARV to 1.5 mill - 1.7 ...

He talks about creating an elevator pitch, using a binder, etc.

When using a Hard Money Lender I understand that there is a loan origination fee but what I am confused with is this: What are the monthly payments on a HML assuming that it is 15% interest on a $100K loan.

For my first property, I'm thinking about using a turnkey company.

Your looking at a blended cost of capital around 24%.When I run my hedge fund, we get a blended cost of capital of less than 5% using a credit facility/warehouse line based on Libor at 3.25% currently blended with the targe returns of the fund at 8% (10% to 11% if interest is compounded).

I am needing to know that if I get a seller to agree to terms (owner financing) using a purchase and sale agreement, then assign that contract to a tenant buyer with my assignment fee, do I need to be licensed as an agent/broker?

When I was a banker we consider someone's personal debt obligations by using a global cash flow analysis and the dscr on the individual property.

Eric L Walker all I can say is do your homework before using a family members cash!!!!

I have a long standing relationship with my credit union.  I'm in the process of trying to set up multiple avenues of financing in the event i find a deal i can move on it.  I do not want to depend on a single source ...