Ellie Perlman
IMO How to Vet a Multifamily Real Estate Deal, 2020 Style
12 August 2020 | 1 reply
For example, if the sponsor has a very high loan to value (LTV), of 80% to 85%, it could spell trouble down the road.
Jacques Edouard Dessejour Lapierre
Questions about title companies
26 August 2020 | 1 reply
This should be spelled out in the purchase contract.
Lynne Garris
Can a foreclosed property be switched to another person?
13 September 2020 | 6 replies
Regardless, the purchase contract will spell out your rights and responsibilities.
Bronson Bard
Brokering deals to REITS - Do REITS use buy side brokers?
27 August 2020 | 2 replies
You need to draw up NDNC agreement that spells out your fee if they do the deal but does not bind them to you for representation.
Alejandro S Rojas
Where to start on an investment property w/ someone else.
31 August 2020 | 3 replies
Spell out ownership percentages, re-investment of profits, owner draws, specific and shared duties, etc.
Todd Willhoite
Electing tax status for LLC planning to buy land and resell some
28 August 2020 | 4 replies
Anyway, when you form the LLC, the operating agreement will spell out "everything" including how profits and losses will be split.
Annu Zer
Closed on a deal need help with next steps
4 September 2020 | 2 replies
Best thing to do is discuss this with an attorney and have them draft all your operating agreements spelling out the roles, capital contributions etc.
James Feely
Prescreening with Cozy (tech support request)
14 October 2020 | 5 replies
It takes more time but has reduced the # of applicants.First we send an email with the qualifications clearly spelled out, and our application.
Patrick J.
How does an LLC form an S-Corp subsidiary Partnership?
4 September 2020 | 3 replies
This ‘partnership’ would need its own agreement spelling out, amongst other things, how the profits/losses will be split.
Santiago Coppoletta
Backing out of a Purchase Agreement with no contingencies
9 September 2020 | 13 replies
A well crafted contract should spell out what happens in the case of a default.