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26 August 2015 | 2 replies
*Disclaimer: There are no guarantees of return on investment as there are some risks involved with all investments.Exit Strategies/ How To Repay Private Investors Principal:Refinance or sell the property and cash out.Another option is to exchange the first Private Investors mortgage position with a second Private Investor.In the unlikely scenario one of these options are not available, Private Investors will receive an additional 4% rate of return until one of the options listed above is available.Examples and Financials Examples of a 2, 8, and 50 unit property are located towards the end of this Business Plan.The (5) five year financial information is found at the end of this Business Plan.Business Legal Structure Legal StructureBetter Way Properties, LLC is a Limited Liability Company established in Wisconsin.Additional LLC’s will be created as necessary ensuring there are no more than (2) two properties per LLC to help protect assets and limit risk.Ownership/ManagementPrincipal MembersJohann Kleisch – 50% Member & ManagerCarolyn Kleisch – 50% Member & Secretary The Kleisch’s have been together over seventeen years.They live in Evansville Wisconsin with four of their five children and look forward to continuing their journey of Real Estate Investing together.Mr.
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25 August 2015 | 82 replies
There is no time clock to punch or guarantees.
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24 August 2015 | 19 replies
Very few plumbers have them, and I can almost guarantee no chimney guys do.
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8 December 2020 | 24 replies
Justin, For buyers like myself, the VA loan requires no down payment, low interest rates, and, most importantly, almost guarantees that I will be approved for the loan.
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6 October 2015 | 8 replies
BTW, she offers a "Bring Back Guarantee" where you can change/alter things at no charge if you aren't happy.
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23 August 2015 | 6 replies
Why would they quote you two prices for a so-so repair and a guaranteed repair.
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22 January 2016 | 28 replies
Further, I've also read that we could possibly sign some sort of personal guarantee with the bank in order to get them to hop on board as far as the LLC's are concerned.Lastly, while I appreciate the bank's concern, surely the fact we have considerable equity in each property should make a difference?
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24 August 2015 | 4 replies
I understand that I will be asked along with my partner(s) to put up our own information and guarantees on the loan but what should I expect - Will they expect all members of the LLC to provide financial statements for example?
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25 August 2015 | 6 replies
Rooms rent for 600-800/mo each, 8 rentable rooms, mortgage is covered with cashflow, hence the reason I could guarantee pay back to a lender.
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25 August 2015 | 1 reply
The question I have is if I have to personally guarantee the loan from the HML isn't that violating the IRS rules of the SD IRA?