Working with a partner(brother), we were able to close on a commercial property. He used his assets, to get a commercial loan, and the deed for the property is under the name of the LLC
he setup. Since it would have...
I've put together a partnership agreement and presented it to my potential partner. It's structured so I am the managing partner, and they're the financial partner. They are responsible for the downpayment, closing co...
I am working out a deal with a private lender. Initially she was going to fund my flips using IRA funds and we would split profits 50/50. Now she would like to borrow funds secured from her brokerage account @ 4.75%. ...
My business partner and I are interested in house hacking together for about a year before moving out and renting out the property entirely. I would like to know if we should form an LLC given our situation. Of course...
Hi all,Short background: I'm looking for my first deal - a buy/hold - and plan to get a conventional mortgage (Fannie/Freddie) because my only conventional currently is my primary residence.I can't seem to get my head...
I have just started learning about real estate investing and I probably have a few years until I can really begin buying properties. I would like to use this time to learn as much as possible. I have read through a co...
Hello All:My partner (Realtor) and I plan to get into a 50-50 % partnership by pooling our individual financial resources to invest as equal partners in a Residential Rental Duplex. Background about JV:Acquisition Pri...
Hey all! I'm looking at purchasing a single family unit in West Philadelphia (E. Parkside) for a fix and flip with my father. We're 50/50 partners in the business; I'm a licensed Realtor in PA, he is not. This is our ...
Hi everyone! Total noob here. I’ve always been interested in real estate investing, specifically short-term rentals. Finally pulled the trigger this past summer and bought my first SFH for STR. It’s a turn-key house i...
How do I transfer my triplex into an LLC without triggering due on sale clause?