We see typically 1-3 % for acquisition fees (keep in mind money is spent by sponsor in due diligence that can be lost if determined not to purchase so some risk there for GP), 1-3% for asset mgt fee to manage the property manager and ensure the business plan gets implemented, disposition fee of 1% optional.

I bet its been great and the fact that you are being creative to post it is neat.

Theoretically let’s say someone or some entity is interested in an 18 unit for 500k. Three questions…They have a decent credit score, about 40k cash in the bank but not the 25% (125k) for a down payment. However, they...

Liz has extensive knowledge in financing, appraising, construction, marketing as well as her greatest attribute is creating systems to maximize time, quality and monetary constraints to ensure efficiencies on all levels.

I’ll try to keep this short. I currently rent a house and just closed on my first income property (triplex) last week. I’ll be living in one unit and renting the others out. When I notified my current landlord I’d be ...

Maybe i am going crazy, (after looking at 4-5 deals a day, that may be true) but i feel like i may be plunging in some information into the rental calculator wrong or there are just not that much good deals in the Torrance Area (in regards to traditional investing). i have done a quite few deals with creative investing in the South Bay arrea but I am still having troubles with the appplacation. can anyone help?

You will also be able to get creative if you seller finance, sell partials of the note, purchase from your IRA, etc. 

Now the investment on the houses is solid, I just need the loan and am willing to accept the 4-6% interest rate that comes with investment properties.What is my best course of action to ensure I get the mortgage in a month and the deal finalized?

To ensure your friend is trustworthy get a signed, notarized lien release dated the day you get the friendly loan.

Someone with the right creativity can make almost anything work.