The investment capital was funded based on return at time of final sale. 

Finally, my own house (soon to be gifted by my folks) is in a pretty choice location in San Jose and I may move out of it to take a posting internationally.

I estimate that I can get the real estate agent to write up the final contract to a 407,000 for the building and 48,000 for the personal property included with the purchase.  

The fact that we're talking about 2 claims spread among 3 properties (2 rentals and our primary residence) did not matter, it was handled the same as 2 claims against 1 property.Okay, so we contacted some other insurers and finally settled on State Farm.

Thus, is there a way to secure a non-recourse loan for this kind of business/property acquisition?

I tend to go really conservative.I look at a deal as if it NEEDS to tell me why I should say yes, I am all No's at first.The numbers come first, then the areas economic state, and finally tenant base.Just my .02Steve

Hi everyone,My name is Paul Harvey, no joke, and I'm from upstate Washington in the hot pursuit of attaining my dreams.I'm currently halfway around the world and have finally pulled the trigger on buying a house back home with cash only, as an investment.  

All that my investors money partners do is coming up with the 30% down payment for the hard loan plus the $10K  (Finder´s fee or acquisition fee) LET ME DISCLOSE I AM NOT ASKING YOU OR ANYBODY ELSE TO BECOME A MONEY PARTNER WITH US.MY CONCERN IS ABOUT THE TRANSFERRING OF THE OWNER SHIP OF THE LLC RIGHT AFTER I PUT IT IN CONTRACT.

I have been a member of BP for 2 years of so. I ready to start investing, I recently started listening to the podcasts again, and looking at the forums.  I am looking to invest in the Mansfield, Arlington area of TX. ...

I assume, for you, most (or all) winter acquisitions have turned out well - meaning no unpleasant surprise in the Spring when things are easier to see.Has anyone had the opposite experience and found out in the Spring that there are large expenses for things like foundations, siding, or roofs that weren't detected because the property was inspected while snow and ice were present?