I am not aware of any lawyer in CT who will participate in a double close that is dry. i.e. only funded one time.

Hey guys, I have had a BP account for quite some time, but have never introduced myself or participated in the forums.

Please see additional considerations below.If you are eligible to set up a self-employed Solo 401k (or have a 401k plan through an employer which accepts rollover contributions and allows for 401k participant loans), another alternative which would avoid taxes and penalties would be to transfer your funds to such a 401k plan and then take a 401k participant loan.

To be clear, a recession could occur, home prices could fall, cap rates could increase (and multi-family prices fall), banks could tighten lending standards, etc, but right now, market participants are making rational decisions based on the information they have and cash flow can service debt without relying on rent appreciation. 

They make money if you keep them rented.Also be aware that if you are claiming up to $25K loss against your ordinary W2 income, you need to actively participate.

We don't have enough housing and we can't build any more (city is fully built out), that won't change in the next years.I am not a big fan of vacation rentals and airbnb and will not participate in the trend - both are much more sensitive to changes than primary housing.

Is the point that I am double dipping, i.e. that the GP participates as an LP with 20% equity then also gets the bonus waterfall splits?

There will be two ways to participate in this program - both require a commitment to rent to a Section 8 tenant for a minimum of five years as well as a commitment to working with LA-Más and RNLA for design, permitting, and construction."

Many new HOA owners and participants want online payments and to get away from check writing.

- sharing of revenue profits or losses- sharing of capital gains or losses- is any payment to be made to either other than as share of profits, eg for ongoing services- will the participants be operating a ‘salary/dividend split’ – ie taking their month by month requirements by way of low salary, balance as dividends?