Josh Michel
How to partner when purhcasing a rehab long term hold?
I've found a 6 unit property I'm thinking about purchasing. Every unit needs major work (some electrical, plumbing, etc.) but the purchase price still makes it a very good deal even after rehab costs.I have a contrac...
Sean Ade
Moving across state lines
Hi! I am currently living in Portland OR and was wondering how my income tax would be effected if I moved over the bridge to Vancouver WA, but mainly worked in OR. A majority of my work is done in Oregon but I also co...
Amanda Johnson
Financing for a first multi unit property
Hi everyone, my name’s Amanda and this is my first post as part of the community. I am 27 and am a realtor. I worked for a new home builder for 2.5 years and about 6 months ago, I transitioned over to the resale world...
Marco Nasso
How Structure a Private equity Deal
Hi BP family! I have found a cash provider who will be bringing the money to the table, down payment and the rehab costs. It will be a private equity deal. It will be my very first ever The money available is 150K th...
Johnny Hoang
Partnering up with someone using VA loan?
Hi All,I have a buddy that just got out of the military and we plan on partnering up to do a house hack deal in San Jose. We were thinking about getting a duplex, renting one side out, and airbnb'ing the other side. ...
Gareth Fisher
Mini splits, electrical baseboard or oil
I recently acquired a 2 unit.
The first floor is a one bedroom about 6-700 SQ feet.
The second floor was a 1 br. However it has an attic that we are planning on converting to a br. Making it a 2 br unit.
I was ...
Jan H.
LLC partnership question
I would like to get some ideas from you experienced RE investors out there on structuring a partnership my friend and I about to enter into.We (two of us) are planning to form an LLC with some cash and start buying mu...
Brandon Craig
Partnership Profit Structure
Hi All,New investor that just got pre approved for a combined loan with my business partner. On this first deal I’ll likely be putting in 25% of the down payment and he will do 75% due to having more capital. We are l...
Miller McSwain
College Students Partnering on Deal
My friend and I are interested in investing in real estate while in college. We have recently found what we think is a great deal. If we decide to purchase this property, we plan on getting a conventional loan and spl...
Erik Pfundstein
Structuring partnerships in multifamily
Hi All,I have a few questions regarding partnerships in multifamily...Lets go by this scenario:Lets say we are looking at a 20 unit. Value add. Refi, and hold for long term. If i have a partner who is going to be simi...