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21 June 2019 | 3 replies
Here's my question, we're looking for equity and or debt ideas and solutions - ie bridge loan products, loan solutions etc: Mobile Home Park Deal - Please chime in on ideas you might have for financing this deal.1st lien loan: $800K, needs to allow partial release's so we can sell off portions of the propertyPreferred Investor raise/equity : $375k - can this raise be a hard money or bridge loan instead?
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20 June 2019 | 2 replies
Depending on the deal, a good portion of the gains are in the sale.
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22 June 2019 | 26 replies
One thought is that as you build a track record, you can start to leverage outside capital to earn a portion of those profits as well through carried interest.As an example, say you only contribute 20% of the equity capital to a deal, and have an 80/20 profit split above a certain return threshold for investors.
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20 June 2019 | 2 replies
I'd only get an appraisal on this portion of the transaction if you're worried about your cash out refi appraisal not coming in where it should be.
20 June 2019 | 4 replies
They will use the income to qualify that portion of the property and will also look at your overall financial picture as well.One thing you should look into is to condo the units so you can sell separately if you ever wanted to.
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20 June 2019 | 3 replies
Should I pay to have this done or would it be acceptable to have the ice/water portion of the refrigerator not working?
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5 August 2019 | 24 replies
. - just let her know that if she does it exactly like you mention you'll consider it fair, cancel the eviction, she will get a portion of her security deposit back and has a chance of getting her entire security deposit back - if not then you'll have no choice but to proceed. - Put it and your correspondence in writing.
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8 September 2019 | 4 replies
The down side to buying a turnkey property is that the typically any equity in the property is what has been created by the down payment that you made.If your plan is to purchase a property that needs some improvements/updates, have the improvements completed, then gain a tenant - then you might want to consider a rehab lender that would extend financing for a portion of the purchase & improvements.
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6 August 2019 | 6 replies
The LLC question was specifically aimed at finding out whether or not the same LLC used for construction can or should be used for doing short term rentals.The other question about systematizing the AirBnB portion of the business is really a separate question asking for resources that others have used to help streamline the processes within the business.
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6 August 2019 | 18 replies
Learning the business is vital but you have to pull the trigger on your first deal.