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9 October 2019 | 18 replies
She has offered to draw out my permit package I am wondering what would be an appropriate offer to her of equity if I plan on building 10 to 15 of these houses using those same plans.I would be willing to be as liberal as possible keeping in mind that I am also going to be raising money and the people that I raise money from might not feel the same way about the value of said equity As far as the contract is concerned I would allow her to guide the way as far as when payments will be made.
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6 October 2019 | 0 replies
If I put a deal together for this 5-unit package, and I want to take full ownership and cash-out my partners some day down the road with a cash-out re-finance from the bank, what's the best way to structure that?
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6 October 2019 | 0 replies
I Met seller ( who was selling a 53 unit package and decided to let me cherry pick one of his before he sold it!
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10 October 2019 | 8 replies
A broker/HML will have a vetted loan doc package, work with title and escrow, understand the process, read the title report, specify liability/fire insurance requirements, etc.
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7 October 2019 | 5 replies
The best bet here is to talk with older land lords who are wanting to cash out their holdings and will sell bulk packages of homes for a discount.
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8 October 2019 | 2 replies
He wanted to sell them as a package, but I couldn't get the numbers to work for both.
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21 October 2019 | 5 replies
Now many of the families on our block (including us) are considering pursuing a similar deal, mainly in order to avoid being surrounded by 30ft-high HardiePanel boxes 5ft from their property lines.As we explore this possibility, some of the questions I have are:1) How much of a premium can I really expect from a package deal vs. selling individually?
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4 November 2019 | 29 replies
I sold the other two that were originally packaged with this one; it was left out for a reason and do NOT buy it at $89k!
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20 October 2019 | 1 reply
Purchase price: $106,000 Cash invested: $700,000 I bought 3 buildings as a package deal, 1-3 unit,1-4 unit,1-5 unit What made you interested in investing in this type of deal?
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18 October 2019 | 3 replies
I've sent our offer package to real estate attorneys around town & spread word of mouth through friends.