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Hi. My agent informed me his closing attorney does not do land trusts and we close later today. What would you do in this situation? This is a cash purchase, can I transfer to a land trust later on? What are the ...
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I am venturing into a partnership where I will be splitting commissions on wholesaling deals. Does anyone have any sample contracts or examples of how you can equitably split commissions on deals between parties when ...
Assume the usury limit in my state is 10% and that I do not have a license that exempts me from that law. If I loan a rehabber $100k in exchange for a split of the profits when (s)he sells, would a payoff of $120k ($...
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Hey BP, Seeking some advice.I have a deal in contract to develop 5 units. Currently working on obtaining the financing. It would be a BRRRR deal that I would ultimately finance at 70-75% LTV of the ARV. The tricky par...
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Hi BP Family,My husband and I have found a some investors to work with that are only looking for 50-100 unit apartments or 200-400 unit complexes.I wanted some advice on how to find qualified brokers that may know of ...
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BiggerPockets QuestionsPartnership Structure/Accounting ChecklistHi all I understand the advice you may give is an opinion. I’m curious on what they maybeI was wondering if my ideas to form a partnership structure mak...
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Hello all, I have a basic question about partnerships.
I have grown my knowledge on real estate enough to the point that I feel ready to make a deal. However, I have no money. My friend has no knowledge in real estat...
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Hey everyone! For the last 2 plus years I have absorbed as much as I possibly could about real estate with podcasts,/books/etc. My girlfriend however, did not show any interest in it. It was all just numbers/loans/con...
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I am sitting on some money I wanted to invest with some partners, but I'm not sure how to structure the partnerships.1) We will both provide 50% of the down payments2) I wanted to make the purchases without myself bei...
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This is probably not a 100% real estate question but more of psychology question i guess. So here is the deal, one of my very good friend is going through a rough marriage and lately he is been involved in an affair w...