1 September 2020 | 4 replies
Unsure if this is actually a valid move anymore; however, not much a fan of this.3) form a legal partnership and proceed with partner as the mortgagor.
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8 June 2020 | 7 replies
@Jacob Stewart If the deal is good enough, maybe a partnership
29 August 2021 | 6 replies
Every nonresident property owner shall appoint and continuously maintain an agent who (i) if such agent is an individual, is a resident of the Commonwealth, or if such agent is a corporation, limited liability company, partnership, or other entity, is authorized to transact business in the Commonwealth and (ii) maintains a business office within the Commonwealth.
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9 June 2020 | 1 reply
For example, my cousin, my mother, and a good friend want to get into real estate. Assuming we do conventional type loans, will I have any problem submitting my info to banks with 3 different people, all looking to ma...
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9 June 2020 | 4 replies
Having similar end goals sounds very important for a partnership to work.
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10 June 2020 | 3 replies
As bank can hold liable to 2 people rather than one.About the LLC: it is general laws, and since we changed the title under that LLC, I and my partner are both liable for the loss or share benefit in equal amount (since we have 50% partnership in LLC).Thank you Steve, please post if I am wrong in any of the understanding.
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14 June 2020 | 38 replies
Through that partnership/JV, you can lend your capital or put it into a deal where you would ideally earn a good return on your investment.
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9 April 2021 | 4 replies
Discuss a FAIR PARTNERSHIP; that you want a long term repeat relationship, your "go-to".
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14 October 2020 | 28 replies
Typical.I do enjoy the teamwork and partnership of growing portfolios or the thrill of learning from a seasoned long-term investor, so this thread has been a healthy feedback forum to see the forest for the trees!
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12 August 2020 | 11 replies
For our first investment partnership, we just used a loan template doc that we found online and personalized it to our terms then signed (with notary).