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7 August 2024 | 2 replies
The same investor who would gladly give away 50% of a deal for a money partner complains about a 15% interst loan.
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7 August 2024 | 1 reply
I’m looking to partner with a like-minded local home builder to share in the journey of providing our area with affordable, hyper efficient, storm-proof housing.
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13 August 2024 | 97 replies
as a newbie in this particular area of REI though, I'm using them as kind of a sparring partner to practice the steps of analyzing wholesale deals until I find a more reputable organization to deal with.
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7 August 2024 | 14 replies
I realize there are many other things the investor needs to know regarding SEC rules, investment plans etc. but i am specifically referring to how they get their money back. taking the same example above, if the pref was 8%, and the loaned amount was 100k and the purchase price was also 100k. how would the general partner get paid?
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6 August 2024 | 17 replies
I appreciate it.I see a JLH Capital partners logo in your signature.
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6 August 2024 | 1 reply
I cleared $10k on my first one.We ended up clearing $30k on the second one.The last flip was very stressful for my wife and she wants to keep our finances (HELOC) out of the next one.I am going to look to find a financing partner to cover the carrying costs of the next flip.On a $400k house (average for my area), the total investment would be $85-$95k and would be paid directly to the lender and subs/suppliers, not to me.I can bring the lender, as I have a good rep with the one I use.I will do all the rest.
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7 August 2024 | 17 replies
as a capital partner funder lender we are doing deals every week.. not sure who your talking to. but we only do it in our lane.. so every capital partner has their lane..
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6 August 2024 | 6 replies
Either you find a partner who will supply money and do all the leg work or save money up.
6 August 2024 | 3 replies
So we can take the original LLC that is 50/50 owned by 2 people and move half of the properties over to a new LLC where one partner now owns 100% and then the other partner would have the other half of the properties and have 100% ownership of that one and we pay no taxes?
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8 August 2024 | 12 replies
If you don't have a credit partner, are you open to doing a bridge loan and using the cash out proceeds to increase your credit score to refinance into a more attractive loan?