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I have two family members willing to contribute private money on a flip. How would the following situation work out legally? And how would you consider the profit sharing in the end?The funding would go as follows. (U...
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I flipped 2 houses w a partner. 1st house was a loss of about 60k ea! (120k total)2nd house we are making a profit of 120k but this "profit" would literally pay us back for our initial investments into our LLC togeth...
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Hey, guys!I’m getting close to closing on a deal with an equity partner. This will be my first partnership so have no frame of reference. What’s the best way to split our equity if he’s providing the down payment and ...
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Hello! I'm still very new to this whole REI thing, so I'd like someone to re-check my numbers?
https://www.zillow.com/homedetails/5410-Albemarle-Rd-Charlotte-NC-28212/6227106_zpid/
Here's the thing: I'm off to colle...
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Hey all…I have a 25 unit property for sale and have received an LOI with some seller carry terms. The buyer intends to get enough conventional debt that we could pay our mortgage off as well as closing costs and have ...
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For calculating ROI on a rental property, I assume my closing cost to be part of my initial investment number. On my closing costs, I paid 1 year's insurance, 1/2 year taxes, and some HOA. Normally those are part of...
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I’m looking at a property to be our first one. It’s a four plex in what my agent says is a c area. I feel like I am running these numbers very conservatively but wanted to see what people think about the numbers below...
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Hello, I'm looking to get into my first deal and I think Multi-family near my house would be the best way to start. I have developed a friendship with the contractor I'm using for work on my primary residence and he b...
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Hi all, I am refi'ing a new remodelled acquisition with conventional mortgage and I just heard about the limitations of delayed financing exception. It seems like I can only take out as much as the purchase price. The...
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Hi everyone! I was recently playing around with the numbers on a duplex that I just finished up the rehab on and am in the process of finding tenants for. While I was playing around, I had a question about Cash On C...