Shane H.
Using a General Partnership to lessen taxes on Owner finance?
21 March 2017 | 1 reply
Any help would be appreciated - still working with this one -- and I'm realizing that the way he would like to structure the deal the cap rate I figured on paper in the initial thread is off base if you are really looking at the time value of money and the fact lets say $2.x million is spread out over 30 years with no interest.So the 4 options we've talked about is he sells outright and 1031's into something of equal value and collects mail box money (I dont think he really wants to do this and I think any other local people will pay significantly less if buying up front)Straight up owner financeMaster lease with a buy option at a predetermined price and point in timeGeneral PartnershipPer the conversation yesterday he says he's bringing in $20k a month in rents between all the properties (I'm guessing he was rounding a bit but the figure is probably close to that)Thanks for any advice ahead of time - if I can return the favor to anyone assisting I'll try my best.
Michael Evans
Pre-Construction Flips
14 August 2014 | 29 replies
The then current market price has to be at your predetermined price point, or you walk away form the deal.As far as home builders requiring only $5K or less for earnest money, this is where you need to do your research.
Brian Gibbons
Why do seasoned real estate investors and seasoned real estate brokers/associate brokers hate wholesalers?
7 April 2017 | 71 replies
May be compensated for their work at a predetermined rate that isnot contingent upon the occurrence of a real estate transaction.Licensees may NOT share commissions with unlicensed personswho have assisted in transactions by performing any service withrespect to a real estate closing.
Justin Dixon
How to find duplex or multifamily homes
30 May 2017 | 16 replies
For instance, for York County, PA our tax assessors page is probably half a page and it only gives you very little information such as who the property is deeded to right now (owners names), land use code (which can be used to verify property types and start a mailing campaign, and the assessed value of the property that we have to then use to go manually find out the projected taxes in our county from a tax calculator everyone uses in the area.I've been to other county websites that will actually pull up a report that's similar to an mls listing and has all of that above information, as well as the predicted taxes all predetermined and broken down for you.
Brandon Laughridge
How to Structure This Private Money Arrangement
16 June 2013 | 18 replies
No predetermined term to the loans or anything...just pay for money in play.Essentially, this ends up being a way for our business to have access to some reasonable funds and my partners to have a good place to make money on cash they want somewhat liquid (in and out 3-12 months sort of window).First off, what do you think of these terms?
Andrew Connor
Property Analysis in Sarasota, FL
18 June 2020 | 15 replies
That said if you are confident in the analysis you put together and 12%+ CoC meets your predetermined investment parameters, then I suggest you do that deal, if it doesn’t, then you walk.
Clarence Browne
Do you typically give a profit split to your PML?
14 September 2019 | 5 replies
We use the same person as both a Private Money Lender, and as a Private Money Partner on different deals for buy-n-hold rentals.When we do the lending with them, it is strictly that - a loan with a predetermined rate (5% on the last one and term (5 years on the last one).
Account Closed
Lease option seller wants OUT! Advice needed..
23 November 2014 | 25 replies
You CANNOT pre-determine a future purchase price or discounted buy out.2.
Samuel Sedore
Why invest in the Waterloo region?
5 November 2015 | 0 replies
Therefore people couldn't afford their mortgages and demand for housing dropped negatively effecting property values.Political ClimateThe cities of Kitchener and Cambridge are very lenient on their rental laws, while of course being governed under the Ontario wide rent control board that limits rental increase by a predetermined amount.
Gordon Capretto
Apartment buildings in foreclosure or fresh REO nationwide.
26 February 2017 | 2 replies
The property owner will have a chance to pay off the note but if the note holder ends up moving to forclose, the end owner is predetermined, thus making a foreclosure list useless.