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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.
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10 July 2013 | 12 replies
Totally depends on the way it is set up.
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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.
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11 July 2013 | 14 replies
We have (4) different versions total.
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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.
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9 July 2013 | 4 replies
Brian Mathews I'm not totally sure how much they would fine us.
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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.
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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.
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23 July 2013 | 8 replies
Brian Gibbons, just a clarification--- the $900 is the total expenses monthly.