Profit split returns are where the investors literally split the profit from the sale of the asset according to the structure outlined in the contract.Here’s a great example, using round numbers for ease.

As the subject line says, what have you found during your remodel. 

Some of it will be eaten up in closing costs, but the other cash can be used for whatever.Going from a VA to conventional, you'll be subject to the conventional loan to value restrictions. 

And new deeds say subject to prior easements.

Here is Pennsylvania law on the subject (68 Pa.C.S. §§ 7301-7314)  How long ago did you close? 

You could probably overcome the 65% LTV issue with a seller takeback subject to lender approval. 

Either way, no pumpkins will be harmed in the process.We don't have specific IRR targets outlined at this time but it's safe to say 10%+ would be sufficient. 

I’m trying to buy a subject to house can someone point me in the direction

I personally have never been involved in the rezoning of a building in Chicago.However, a Google search helped me find this City of Chicago website about the process of amending the zoning of a building in Chicago: City of Chicago :: Zoning AmendmentFrankly it doesn't look like there is a fast way to complete the process before purchasing the subject property.It looks like you will need the approval of the City Council of Chicago and therefore it might be a good idea at some point to reach out to the Alderman for support.More specifically, it will be a good idea to hire an attorney to represent you who has experience dealing with the Chicago zoning board and local politicians.Therefore, a price reduction could/should be requested.Good luck

Hi All,My girlfriend and I just closed on a property in AZ and I’d like to set up and LLC or LP which outlines our equity ownership and responsibility etc..