Lindsey Martzke
STR using 2nd home financing
6 February 2021 | 5 replies
Basically you are finding cash outside the LLC and use it to contribute to the LLC as your capital contribution.
Daniel T Stockman
2nd Investment Property - Too Soon?
8 February 2021 | 24 replies
I do agree with the notion that those things play into the decision and should be considered.
Sarah Rothenberg
Do I need 25% for Conventional Mortgage in Rochester, NY?
13 February 2021 | 6 replies
You should also be aware that seller contributions on investment properties are limited to 2% of the purchase price.
Sean Davis
Investing from the Bush of Alaska
10 February 2021 | 5 replies
I hope that I can contribute to the community here!
Maya German
Should I stay or Should I go?
11 February 2021 | 32 replies
The financial returns are just table stakes, and it's >50% about creating and contributing something and having an impact on a place.
Austin Guzman
How do I work with a partner in a deal?
8 February 2021 | 11 replies
We operate under an LLC with a well written agreement so everyone understands their roles, responsibilities and financial contributions.
Mckenzie Goulding
Looking for suggestions!
9 February 2021 | 8 replies
So if the percentage is based on the contribution from each partner, then the partner that puts up the 20% should be out of the picture once they get their money back...plus whatever agreed upon profit they were looking for...or at least they should have their percentage dropped, since their participation ended.Keep in mind, the participation from the other partners, that are responsible for all the rest of the continuing work, goes on, and on, and on, ane....
Carlos Julio
Old friend has $150k wanted to invest with me. How to set it up ?
9 February 2021 | 1 reply
Hi @Carlos Julio, I think the cleanest and simplest solution would be to form a new LLC owned by both of you and show that money as a coNtribution to the business.
John Morgano
Teardown a property that is mortgaged?
8 February 2021 | 1 reply
If the property is not livable, can the township condemn the property and potentially contribute to rebuilds?
Sterling Hiebert
roth IRA overcontributions
14 December 2020 | 2 replies
I was unsure why it would show as having had no contributions for that tax year.