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15 August 2024 | 57 replies
Probably because of exactly the kind of stuff I've been outlining.
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15 August 2024 | 29 replies
A JV agreement and a promissory note outline the terms and responsibilities clearly, ensuring that both parties understand their obligations.
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19 August 2024 | 244 replies
@Jonathan GreeneGreat feedback and agreeThe best type of post that is a question outlines the situation, what research you have done and ask for confirmation or further direction.The “what’s the best state to invest in”, “should rent or sell my home (with no other context) and the infamous transfer my property into a LLC - I wish BP could have AI charge people for asking those questions.
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7 August 2024 | 3 replies
Hello investors, I’m new to wholesaling and was wondering if someone could hook me up with a contract outline that is legal for Rochester use, I know the laws are a little iffy and have been having a hard time finding a valid mock up to work off, also any attorney recommendations?
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9 August 2024 | 16 replies
They receive a promissory note that outlines the timeframe of the loan with a specific interest rate.
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7 August 2024 | 6 replies
Faster approval, more flexible terms, and less stringent qualification criteria.Tip: Establish a solid relationship with private lenders and clearly outline your investment plan to gain their trust and secure favorable terms.
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8 August 2024 | 12 replies
This should be outlined on the formal quote, but most will have origination points and an underwriting fee (this is also referred to as processing or service fee too). 9.
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7 August 2024 | 14 replies
It depends on how the structure is written in the operating agreement, but under the structure I outlined above, that would be correct.
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7 August 2024 | 27 replies
Also, if you have a partner(s), get a good operating agreement that outlines financial liabilities to limit your personal cash input.
8 August 2024 | 23 replies
Ensure you have a clear contract that outlines the terms and protects your interests.