This right of way was established in 1924 and the seller had no idea it existed.

Of course, the utilities are off, so what could an inspector find.

Utilities?

Bryan,My understanding is that you should be able to use any allowed number of partners provided they are established entities.So essentially, you could have 25 investors in one partnership and have that partnership invest in your project.

Arrangements like yours are very tough to find and establish.

I'd love to know any great ways to utilize these funds as well, in more then limited instances.

We established a new LLC to use on the first one and bought the property in the name of that LLC, then used it again for the second deal.

It would also reduce your % of credit being utilized which may help you get the third loan.

As a result of the protection afforded by the corporate structure, the individuals who are truly negligent would often be left off the hook and the liability for the wrongdoing would rest solely with the corporation itself.Due to the hard work and diligence of the lead poisoning lawyers at Levy Phillips and Konigsberg, LLP, case law precedent has now been established in New York State to hold not only the corporation, but the people who run and are acting on behalf of the corporation responsible for their individual negligence.http://www.lpklaw.com/new-york-lead-poisoning-lawyers.phpDoes that help?

Like most investors here I require my tenants to get utility service accounts in their own names prior to move in.