Jay Hinrichs - curious to your opinion on if this is legal as I have seen other investors who bought a partial at one time where the holder of the note had a schedule A with the borrower.

@Lisa ForemanSee following for a list of lenders.https://www.biggerpockets.com/blogs/3441/51027-nonrecourse-loan-debt-for-self-directed-solo-401k-investment

I'm looking to see if anyone has advice or can point to resources about legal documents for leasing, and lease forms.

The numbers look good and based on them we are looking at positive after-debt cash flow of $289/month.Simultaneously we are looking at another property where we would be spending $7000 less in rehab costs but will cash flow for $230/month.  

I can refer you to my investing group's financial experts (accounting firm / law practice), if you like.Where the issue may be getting confused is that the interest on financing is an operating expense for income property, but the principal portion is booked under debt service, as I understand it.

What is the best strategy in using my land(debt free) as collateral for my first duplex/triplex opportunity.

The additional amount could be due to the lack of payments, legal fees, a possible refinance, and/or home equity loan.

Even if all expenses and debt service cost 60%, you'd still have a 10% Cash on Cash return.

Calculate your NOI and then take out capital expenses and debt service fee to calculate your cash on cash return.

Hi all,Can anyone refer me to any eviction lawyers, preferably from personal experience.We work on underperforming 4-12 unit multifamilies and a large part of our value add is cashing out / evicting tenants - we want to make sure we have an attorney that we can run through our paperwork / cashout model to make sure we are covered from a legal perspective.We work on properties in downtown Los Angeles.Thanks,Glen