First off, the deals we are using the LOC for are solid, profitable deals even in the worst of circumstances.

You can simply request a separate check for the $100 increase to bring the total deposit in line with the new rent amount.

Purpose of the fund: To purchase old land, rezone, demolish, and rebuild homes to sell at a profit.

There simply are too many people attempted to get their hands in our pockets. 

Far more costly to transfer property at a later point than simply purchase in an LLC on day one.

So if the LP's have enough cash they simply pay the loan off and own it free and clear.. but the size of the deals are so large raising cash to pay off debt simply is not realistic at all so if the property goes into default your junior position investors find themselves wiped out.Further more thats why a debt fund like Chris has can be a good choice for the very conservative investor..

Before taking out profits, make sure you have enough set aside for unexpected expenses like repairs, vacancies, or larger maintenance issues.

It would actually be a net PROFIT given the huge increase to tax revenues. 

., they are making a profit margin on that hourly charge.Another way PMCs usually make a markup on maintenance, is that they send you all invoices on their letterhead, or from a maintenance company they actually own.

I have 3 joint venture deals that were presented to me as netting 170% profits in 2 years.