Juan Ayala
How Do You Pay General Contractors ?
How do you pay your GC? Do you pay a downpayment? What percentage of the total cost do you pay and how many draws do you use?Thank you!
Michael Kopyscinski
How much to pay an investor? Interest Rate, Percentage, Term?
BP, I am working with several people on gaining capital for my business and I have a few questions in regards to investors. I am researching the site as well to find some information on this topic as well.When an inve...
Dan Bennett
Oakland house hacking utilities / tax question
Hi Folks,My first investment is a duplex in Oakland, CA and I'm house hacking. There's a law here in Oakland that says any income I receive from my tenants is taxed. I'm currently paying all the utilities because th...
Sam Rust
Financing Questions on an Atypical Duplex
I'm under contract for $340k on a piece of property that has two separate houses and an unattached garage. The houses are both rented up with a total gross rent of $2500 per month. I reached out to my mortgage broker ...
Edward Ramos
partnership agreement with my son
My wife and I are helping our son buy a condo he will be living in. We are supplying the down payment and closing costs and he will be making all of the monthly payments. He will be the only one on the loan but we w...
Steve Driscoll
Tax Implications for Seller who is owner financing personal home
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
Chris K.
Lower COC but good IRR- good investment ?
Hi,My COC on potential deal is lower (conservative) around 2-6%. But IRR is more around 20-32% (depending on my final purchase price . I am long hold on this property , in an area where I believe it will really gain i...
Bill Orf
Using investor for Down Payment - Missouri
Here's my situation:135,000 property - 3 bed 2 bath15% (20,250) down that will be borrowed from investor at 10% over 10 years. The monthly payments to the investor will be $268I'll borrow the rest from the bank (114,...
Suzanne Griffiths
Multiple PML's sharing 2nd position
We are putting together 2nd position funding for a project. We have 3 people that are willing to lend a portion.
My understanding is that the cleanest way to do this is create an LLC where each person's ownership pe...
Remy Piazza
How do I protect my initial cash (DP money) for a flip I'm doing with partners?
I would like to do about 4-5 flips with some partners and wondering how I protect my initial investment cash (down payment) and my share of the profits we make? Thanks! Remy