![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/149605/small_1694722530-avatar-lefuqua.jpg?twic=v1/output=image&v=2)
8 July 2013 | 4 replies
Before that purchase, the 3 of us were looking to each contribute 10% of the project cost(purchase plus renovation) to the LLC for our 1/3 interests.For example, the LLC buys the property from me for $100K and we do $50K in renovations for a total project cost of $150K.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/149660/small_1696958546-avatar-thedewpoint.jpg?twic=v1/output=image&v=2)
10 July 2013 | 12 replies
Totally depends on the way it is set up.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/109229/small_1621417422-avatar-txag09.jpg?twic=v1/output=image&v=2)
9 July 2013 | 1 reply
Seller is an older couple who is liquidating their holdings.Each unit is rented until 4/30/2014 at $350 a unit for a total of $700 a month.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/145547/small_1621419323-avatar-taylorjennings.jpg?twic=v1/output=image&v=2)
11 July 2013 | 14 replies
We have (4) different versions total.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/142977/small_1621419139-avatar-mjchavarria2013.jpg?twic=v1/output=image&v=2)
9 July 2013 | 2 replies
With the purchase price, rehab and total holding and closing costs, the total project cost is at $317,064, down to 66% of the ARV.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/145547/small_1621419323-avatar-taylorjennings.jpg?twic=v1/output=image&v=2)
9 July 2013 | 4 replies
Brian Mathews I'm not totally sure how much they would fine us.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/127591/small_1621418156-avatar-wwalker.jpg?twic=v1/output=image&v=2)
11 August 2013 | 2 replies
That reduces your equity state to only 1/7 of the total, but you could collect all the management fees from running the company.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/131649/small_1621418386-avatar-calicene.jpg?twic=v1/output=image&v=2)
28 July 2013 | 16 replies
This would be offered to family and very good friends.Although I consider myself starting out, I'm not a total newbie.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/80441/small_1621415583-avatar-jenage.jpg?twic=v1/output=image&v=2)
23 July 2013 | 8 replies
Brian Gibbons, just a clarification--- the $900 is the total expenses monthly.