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Results (10,000+)
Justin Sofman Thoughts on waiting out this tough market, save $ and BRRRR?
14 May 2021 | 2 replies
What's the polling here folks
Kimberly Lima Wholesaling in THIS market?
25 May 2021 | 14 replies
With no open house No running Investors through the house calling them inspectors or any of the other white lies that are done in wholesaling by non licensed folks
Michel Allen Multifamily and Syndication investing
16 May 2021 | 4 replies
Not the other way around as the 'corporate veil of protection' is still valid while incorporating a business entity mind you.I think you're asking if alternatively an LLC would suffice as a way to organize, but this can easily be determined with an SEC lawyer (even an initial consultation).Your question indicated about ten people involved in this particular business plan and could be covered under the LLC as well in the ability of 'unlimited owners' (people involved)- but again that's where a consult with an SEC legal professional comes into play.There may be things that even your LLC would be involved with that (if you started there) would pop up on the SEC radar- and it seems better to know how to most legally organize from the start.There are various podcasts and books on this topic for folks in your exact situation, but I would consider maybe just skipping those and going for a meeting with an SEC lawyer from the gate- better safe than sorry, and you may be advised an LLC would work just fine for you.
Charles Cogan Looking for an agent here in Austin
16 May 2021 | 2 replies
There're a couple of properties for sale in my neighborhood that I would like to place offers on here in Austin, I would like to start interviewing folks this weekend and place an offer next week.
Ian Jimeno Raising Capital - Youtube and Twitch.tv Streamers
17 May 2021 | 15 replies
Some of these younger folks have a team who invest for them, and I want to reach out to these team members who allocate the profits into assets.
Bobby Shell When syndicators nurture relationship, what do you like/dislike?
30 May 2021 | 4 replies
Some folks are strictly passive investors, who look for different content from those who want to get into syndication and invest actively on their own.
Jonathan Dempsey Get a Multi-Million Dollar Mansion for $300K?
19 May 2021 | 13 replies
There are quite a few homes and condos there that are fractional ownership.Seems to work for folks that don' want to pay the full freight but would like to use a nice home 10 weeks a year (or whatever).
Chris Lawlor Off Market Direct Deal - step by step...
16 May 2021 | 1 reply
Hi Folks,I'm loving the help and advice that folks are happy to give on this forum.
Johnnie B. Wright No money down deal with BRRRR strategy
25 May 2021 | 7 replies
Maybe if you've done 50 deals and they know you are safe, but as a newer investor there are no ways to do this in the real world.In the day before the GFC this is how all OOS turn key worked:WEst coast marketing companies would get buyers  ( these folks are still in business as we know)rehabber in the market  Pick any turn key market would find a home that they could buy rehab and sell at 65% ARV  which today pretty tough but in those days my company did close to 2000 of them as the A and D lender.So we would require ONLY 1k down from the borrower  ( so not no money down but pretty close)  I would fund the purchase and rehab the rehaber in the market  say Detroit Chicago Memphis Jackson KC Indy those were all my markets. would do the rehab and once it was done they would do a refinance now my LA based buyer was already pre approved for the take out ( REFI) Just subject to a 442.. we routinely spun these deals in 90 to 110 days start to finish.. the LA based buyer would then do a 75% cash out refi and pay me off  and they would normally pocket about 5 to 8k in cash that was to be used for reserves.. so no money down and actually cash out.My flipper made his money the west coast marketing guys got their commish and I made my fee's on the HML..  
Anthony Cuiffo What is your exit strategy?
3 June 2021 | 50 replies
I have worked with folks over the past 20 years who owned many and still own a few properties in each community.