Newbie here and suspicious of a "great offer"Hippoze is the primary LLC formed for the purpose of purchasing, managing and selling real estate.Smaller feeder LLCs managed by GM's will have their own LLC under the mother ship HBI.Smaller LLC's run by a GM offer this "opportunity" to friends and family.Hippoze LLC would be the title owners.They are "Hoping" to refinance in 1-3 years but an investment period of 10 years is desired, It is up to the discretion of the GM what to do with the returned moneys, 1) reinvest with HBI 2) reinvest with another NON HBI investment 3) return to the individual investors.Depreciation and profit will be passed down to the LLC and investors through K1s.This is the small of it, our investment would be around $10K and each LLC will be $50K to 250K, supposedly the GM for our LLC has a substantial investment ready to go.

In today's lending market LOCs on Real Property are non-existent.

//End quoteCapitalization rates for SFR product are generally lower than they are for MFDs, but the capacity for non-forced appreciation should be higher for SFRs if they are purchased correctly.

This is the dilemna; I'm a non-smoker, but the daughter smokes and the odor gets into my place, and I smell the constant stink of cigarette smoke, and it really bothers me even though I've tried to cover it up with incense.

Also how do you handle this if a wholesaler is marketing the property, and there is a non-refundable deposit and no inspection period?

. $25K cash sale might be the same as $25K with seller financing at 5% interest over 10 years, but there is so much more value in paying that property down over time, and having others pay it for you.I generally find my sellers with direct mail non-owner occupied letters.

David,Check your contract asap, as some management companies require you to notify them 60 days prior to contract expiration of non renewal.

:roll: In a sandwhich lease option, the tenants down payment and rent credits are non-refundable, but are applied towards their mortgage.

If I do set up my own real estate brokerage office as opposed to working with a non-licensed partner, will it be ok to use my existing LLC to buy sell and broker properties, or do you recommend setting up a new separate LLC?

Is FHA available for non-owner?