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12 February 2025 | 5 replies
I forget It was likely a mix of private and traditional loans I just don't recall to be honest nothing illegal.
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12 February 2025 | 5 replies
I would certainly disclose the currently approved special assessments, but since any further financial obligations and project plans have not been voted on by the membership, approved in a budget, or secured in a loan; must I disclose the knowledge that the board is trending in that direction?
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8 February 2025 | 4 replies
I inherited 5.6% of a commercial property that is worth approximately $27m with $11m remaining on a loan.
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23 January 2025 | 10 replies
I was considering having a lawyer draw up a baseline loan doc and make tweaks to it on a per loan basis.
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28 January 2025 | 6 replies
Any good resources for learning about hard money loans?
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27 January 2025 | 1 reply
Since agency loans don't allow you to put the loan in an LLC, ask your wife this.
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9 February 2025 | 2 replies
This is the structure we were looking at which is more of a subsidiary structure and this applies to raw land development: 📌 Structuring Plan1️⃣ Set up a QOF to raise capital from investors.2️⃣ Create a QOZB to handle hotel & parking development (each separate land parcels).3️⃣ QOF owns the land & funds QOZB for development.4️⃣ Raise capital through QOF equity, bank loans, or JV partners.5️⃣ Develop the projects & operate for 10+ years for tax-free gains.
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27 January 2025 | 3 replies
If a HELOC isn't an option due to Texas laws, you could consider a cash-out refinance with another property or a portfolio loan, even if you want to keep your current rate.
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4 February 2025 | 1 reply
Conventional Loan How did you add value to the deal?