Daryll Sheridan
Partnership structuring question
23 October 2020 | 2 replies
We did a full reconciliation of all equity contributions and closing / rental costs and then my in-laws cut me a check to effectively buy their 25% of the business.
Danny Ye
HELP! Newbie Investor - FHA 203K for a Flip
23 October 2020 | 8 replies
And of course, thank you to the rest of the BP community who have contributed so much value and insights to newer investors like myself on this forum.I found a short sale SFH and have determined that the numbers will not necessarily work as a long-term rental but will work as a flip.
Joe S.
Is there any hybrid models for short term rentals?
12 November 2020 | 27 replies
I got all my info from reading BP for free, tho, so I might as well contribute something back to the community.
Bernice Monroe
Real Estate in a different state
16 December 2020 | 17 replies
Having an agent, lender, property manager and contractor who all know how to work with investors buying from a distance will all contribute to the success in OOS investing.
Tess L.
Accounting Help! Transferring properties between my companies
8 November 2020 | 3 replies
I bought the house using the AR-LLC money (basically capital contribution).- Do I have to transferthe purchase price plus rehab costs money for the OH property to the new OH-LLC bank account (from the new holding co, then pay that money back to my AR-LLC for the transfer?
Alex Salzman
Creative Financing - Who can get the job done?
27 October 2020 | 3 replies
If you have a lot of money and can deposit it in your local bank or credit union, they may be able to help you with a loan they'll keep in house.If you're trying to go Fannie/Freddie and keep running into normal guidelines, you're going to run into them anywhere (debt to income ratio, loan to value, seller contribution etc...).
Nathan Hagge
Lenders/Financing for the Seasonal Worker
27 October 2020 | 9 replies
@Nathan HaggeAs long as you have a meaningful history of employment.
Lloyd Segal
Economic Update (October 26, 2020)
26 October 2020 | 2 replies
But many of these workers have had their jobs reinstated, contributing to a rise in the third quarter to 66.7 from 60.1 in the second quarter.
Daniel Nied
Developer fees for 4-unit infill project
17 December 2020 | 4 replies
3-5% of total project cost including land is standard for a smaller project like this.Hard to advise on deal structure without knowing who found and is leading the deal, capital contributions, partners roles and goals etc. but generally pari passu is best with active members being compensated for time, travel and overhead.
Jeff D.
Escrowing Insurance/ Taxes & CapX Reserves
27 October 2020 | 6 replies
Any other good rules of thumb you can think of that a syndicator would need to keep in mind when raising capital besides that 3% and a 30% equity contribution assumption?