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Results (10,000+)
Pramod Yash Advice on Entity formation and Financing
25 January 2019 | 9 replies
I realize it is a complicated topic and each individual circumstance is unique and probably requires professional advice. 
Jeremy Lee Buyer talking about changing terms of promissory note later
26 January 2019 | 7 replies
If it is an amortized loan then it would be more complicated but the same principle applies.
Account Closed Different way to structure wholesale deal
8 February 2019 | 31 replies
That’s just way to complicated.
Nick Love Upfront Costs of Syndicating Multifamily??
25 January 2019 | 11 replies
Lender/due diligence fees Appraisal: $2,000 to $10,000Property Condition Assessment: $50 to $250 per unitPhase 1 Environments: $2,000Unit Walk Inspection: $25 per unitLease Audit: $25 per unitProperty Survey: $5,000Earnest Deposit: 1% to 2% of purchase priceLender application deposit: $25,000Lender rate lock deposit: 2% of loan balance (only applies to agency debt)Legal fees (assuming it is an apartment syndication) Operating agreements: $350 to $15,000Private placement memorandum: $5,000 to $15,000Subscription agreement: $350 to $5000LLC Formation: $200 to $2000Having your attorney negotiate the loan documents: $10,000The costs are general guidelines and will vary depending on the size of the deal and how complicated the GP/LP partnership is.
Russell Gronsky LLCs, S-corps Umbrella (Residential/Commercial)
26 January 2019 | 13 replies
Short response: You use multiple LLCs and we use a Series LLC Your model doesn't scale efficientlyYour model is much more expensiveYou is using WY and we use TX TX has better fees and less paperwork, and with the use of an agent trust it offers the same anonymity as a WY LLC with all the benefits of filing in TexasWY is still really good, though - good call.You use a C Corp for operations versus traditional LLC - both can do the same thing A C corp is wildly expensive and complicated to operate correctlyI would be curious what @Brian Bradley would think about this.
Mike Kehoe Cash Partner Deal Structure
28 January 2019 | 16 replies
That structure is much more complicated.  
Michael Hoecht Wholesaling on F1 Visa
26 January 2019 | 3 replies
My situation however is complicated as I am a foreign student on a F1 Student Visa.
Nelly R. South Jersey Banks that do small mortgage loans
28 January 2019 | 16 replies
That can be a difficult scenario, often made even more difficult by the property condition or other scenarios that make just the low loan amount an even more complicated situation.
Christopher Butterstone Multiple real estate agents-is this frowned upon?
26 January 2019 | 4 replies
I won't be offended if someone else brings you a deal.There are a couple complications with MLS...so, if you work with multiple agents you'll be looking at the same database of properties...and if you are on multiple auto-feeds or have multiple portal accounts in the same MLS database, the system gets confused and it causes technical issues. 
Iris Hou Do I need to hire a lawyer?
23 November 2021 | 27 replies
But to your point, I still need a lawyer to provide me with the professional legal advice as law is much more complicated than just that.