Scenario 1) Buy a 65k house with 10k down, 7k to HML fees and closing costs. All in cost 75k. Resell for 100k on owner finance terms. PML refinances me out for 75k.Scenario 2) Buy the same house with private money fro...
Below is a scenario I've been playing around with in my head:A silent equity partner and I purchase a strip mall for $5,000,000. We own the mall though an LLC which we both have 50% ownership stake in. A commercial ...
Hello everyone,I've been investing for 10 years with multifamily, but never built from the ground up. I'm about to get in my first 4 unit apartment development project and have zero experience. I have the capital and...
Hi All,
I've been exploring partnering with a US citizen (I'm Canadian) to purchase small (i.e., "residential") multifamily properties together in Chicago - 2-flats or 3-flats.
Traditionally banks don't...
I have 2 people that I sometimes partner with on real estate deals.I use a CPA because I have a number of rentals and a few LLCs. I understand the value my CPA provides for me in my situation.However, when should my o...
I am working on my first real estate deal and the plan is for me to finance 100% of the purchase, and my partner will manage the rest.
The deal is pretty good, a couple that is willing to sell their house for the l...
I'm curious about the various ways investors here have structured their partnerships. How did you split the workload? How much did you contribute to the deal? How much do you get out of the deal? Did you flip or h...
Hello awesome BPs.I just learned about the rehab loan aka 203k today and I was wondering if it is a good idea or not. Recently I have got a house that is sitting on the market and needs a serious work on it. The price...
I was hoping if there was any educational book, article, site. That someone could point me to, that can help me learn how to buy a house with a business partner. Right now we're trying to figure out how to come up wi...
Hi,My partner and I are looking for a 4-plex (we will most likely do owner-occupied for better financing) in the more Southwestern Houston area (think Stafford/Alief/etc), but open to other areas as well – the SW area...