Kalyn everyone wants cosmetic properties.You will find regular home buyers do not have to resell and will accept way less of an equity position and pay a higher price to get a home cheap with a low monthly payment.Their goals are totally different than a rehabber.This is why a bunch of success is taking on properties where a home buyer is not a competitor but it drives down the price with the property not being loan ready.If your offer of cash is just slightly lower than a finance home buyer the asset manager might still choose you.If there is a wide difference the asset manager might take a shot with the finance home buyer to net more.It depends on a bunch of factors which is being at the right place at the right time.You also have to understand local,regional,and national banks make decisions in different ways.Kayln are you offering to let the listing broker keep all the commission are are you getting greedy and asking for the co-op??

I was thinking generally (and hypothetically) along these lines:* Deal with folks where we have pre-existing relationships* 10yr fixed rate - pay around 7.25% fixed for 10 years (this would be set at loan origination around the 10yr tsy plus 5.0%, or possibly the 30yr avg fixed rate + 2.5-3.0%); interest only ideally, or possibly 30-year amort* Right by borrower to substitute collateral to maintain the LTV (if we want to sell a property)* 1st mtg, 75% LTV on new appraisal value* One investor per property, in 1st lien position* Property rehabbed, seasoned for at least 90 days with tenant in place with term leaseHow have you addressed lender concerns around investment safety and illiquidity?

The primer is OK for a homeowner, but doesn't address some of the most important things for actual real estate investors: how (and when) rental income and investment property mortgages are factored in, how flipping/wholesaling/other self employment income is scored.

Ideally, Allison's advice is the best scenario (if you can change the name in which title will be taken).

The court cited corporate veil-piercing cases and set forth the following factors considered in a corporate veil-piercing case: insufficient capitalization, non-observance of corporate formalities, nonpayment of dividends, insolvency of the corporation at the time of the litigated transactions, siphoning of corporate funds by dominant shareholders, non-functioning officers and directors other than shareholders, absence of corporate records, use of the corporation for transactions of dominant shareholders, and use of the corporation in promoting fraud.

Im thinking of putting maybe half of it in stocks and other half in real estate.In bangkok, a newly built mid-end condo, with modern facilities, carparks,for a 1 bed, 40 sqm in good location, fairly near sky train and fully furnished is maybe around 3m-4m baht. agency says i cud get around 22k-25k baht a month but im guessing its prob more like 15k-20k baht. most Thai wages will not be able to afford the rent, but its ideal for expats working in bkk. so the return is maybe around 6% before all costs, vacancy periods and appreciation/depreciation.ive been reading a lot of negative and pessimistic views about condo as a buy-to-let especially in bkk. there r so many condos in bkk and many being built as land is not scarce yet cos old buildings can be cleared and new projects started easy. and other factors i dont know. also traffic is a nightmare and the condos that are centrally located (and most expensive) have one of the worst traffics (altho it wud prob be near sky train or underground which would be ok for expats.keep in mind that i ll be paying in lump sum, wouldnt mind to gain some real estate exposure (im fairly interested in the industry),do you think its worth it to buy a condo in bkk as a buy-to-let?

The most important factor is the time spent conducting business.

If not, you can not factor it into the exit value, buyers will not pay for illegal square footage or additions/upgrades, it only becomes a bonus for a buyer, it will also not be counted for appraisals.That said, if you do plan to get this on to title legally, you will incur permit costs and holding costs due to time delays waiting on approvals, inspections, changes, etc. - Food for thought as time is your enemy on rehab flips so make sure you factor holding time in your budget, but do not borrow more than you will need as that too will increase your costs.

You might also find a local website that tracks this info as well.They want you to pay for it sometimes to get the information.You can always use a commercial broker for your first deal in that type of property.The seller usually has a commission factored into the listing price.

once these factors are evaluated I would consider using the value to invest in real estate as long as your beneficiaries are capable of managing the assets if you die.