I'm considering partnering with someone, I have the means of doing the rehab, and they have the property with no means of doing the rehab. Whats the best and safest way to structure the partnership?
Once a person lets earnest money go hard, they become emotionally attached.If you find yourself in a situation, where there was something majorly different than what you realized, then it is my firm opinion that it ...
I'm in the process of getting a 50 unit multi family Co-op under contract. The units are 2 story garden style(1,2, & 3 BD RM). Its a value-add opportunity. Has any every purchased a multi-family co-op property ...
What's everyone's experience with septic tanks? Just curious as I have no experience with them at all and it hasn't scared me away yet from a 3 unit property that I just put an offer on.My main takeaways:Need strict r...
I am closing on a property when title found a 2nd on the house. The 2nd was part of the original purchase. Shortly after the Seller purchased the house (2005) the Mortgage Company was dissolved (prime lending issues...
Hello BP fam,So driving for dollars yielded a very cool distressed house that looks promising. Tax assessor shows it's owned by what seems to be an REI company based off their name. I've had trouble finding any info o...
Let me get out of the way up front, that my partner is not disputing that I put $25K of my personal cash into the LLC. This is literally a MATH question. (Numbers changed for simplicity.)(To those of you that know my ...
Hello all and thanks in advance for the help,My partner and I are in a situation where too many disagreements have led to dissolving the partnership. He wants to keep the properties and buy me out, I want to sell the ...
I'm getting a few different point of view on this from equally qualified and experienced house flippers. Here's the scenario: you purchase a house using 123 Main St, LLC. You fix up the house. You sell it to an owner-...
Our LLC bought a Multifamily zoned property to build a subdivision. We spent about $100,000 with all the costs to get to the PUD Tentative map stage. We decided because of health issues not to build and to sell. The...