I thought I would take a minute to share our journey into real estate investing and maybe give those in doubt about pulling the trigger some hope. 

., 97% LTV) unless you’re overall financial picture can support it.I’d definitely say do traditional bank financing with low fixed rates if you can (again, this points to more long term holds than flips), instead of hard or high-rate private money.And as far as partners, the old saying is that a partnership is like a marriage - a lot easier to get into than get out of.

Of my 5 different partnerships I have been in, only one has remained intact.The more creative you have to get the more risk you are taking on. 

Something this complex you really need a local commercial retail attorney with a focus on ground up development and partnerships to work on it.The quality of construction is not just want the tenant wants or what the developer wants.

Plus because the seller still has a mortgage, so you wouldn't be able to transfer title to you without possibly triggering the due on sale clause. 

You have to pull trigger and you should not wait for the perfect moment/plan/idea to act.

I'm sorry my comments trigger you... this is Real Estate - this is not an everyone gets a trophy business like your 2nd grade soccer team. 

My understanding is: When an LLC only has one member, it is a disregarded entity, but LLCs with more than one member are partnerships for federal tax purposes. 

Off-Market, we worked with local brokers to identify a strategic vision and partnership to deploy capital for our fund How did you finance this deal?

. $3m project for 2 years just a random shot in the dark a couple of thousands while you're getting your entitlements and $10k for builders risk while it's under construction.Speak w/ your lenders before you pull any triggers... it's not just a remodel.