Peter Lee
Value add profit split?
If you had value-add deal which is currently structured at 95/5 equity contribution between LP/GP with a flat 70/30 distribution structure (no waterfall) after debt service. Now if say the GP then contributes 40% of ...
Joe Gilroy
What type of funding would be appropriate ?
Your goals and story: Goal is to buy a duplex or triplex.
Type of property: duplex or triplex
Location of property: Ohio, or Pa.
Purpose of financing: purchase
Type of financing sought: Not sure
Occupancy: own...
James Mudd
Condo purchase...how to get copy of bylaws...?
I am having a hard time getting the bylaws for a condo purchase...I have been told I must make an offer before I can get a copy of the bylaws. They have 10-15 days after offer to get the info to me. Is this corre...
Wesley N.
Deal Valuation Advice
I'm looking at a property and would like some second opinions. It is a mixed use property in a busy trendy area of Chicago on the northwest side. The property has one tenant, a successful business, that has been there...
Tom Liu
Negotiation without signing contract
I was the highest bidder on a property. Modest 3 br 1 bath. I over bid a little and was pretty happy I was able to get an inspection before the contract was in my hand. Overall, inspection estimates about $15000 in r...
Aidee Diaz
Anything I can do if bank appraisal is too low?
I’m selling a house my selling price is $165 we had an offer for $165 but we have to pay closing fees we took it but now the bank appraisal come back saying the house is only worth $160. Is there we can do?
Shane Skelly
South Pasadena Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $2,105,000
Cash invested: $350,000
Sale price: $2,875,000
A private Mid-Century Modern compound nestled in the ...
Jeremy Kuchenbecker
FHA Loan Under Appraised
I'm in the process of selling my primary residence and just went under contract. The buyer is doing a 3.5% FHA loan. Based on comps in the area were probably going to be about 10k off on the appraisal which is going t...
Evan Swanson
FHA 203(k) - add-on or main mortgage?
Is it possible to receive an FHA 203(k) loan as an additional loan to your mortgage? For example, only take out 3,000-5,000 to replace kitchen appliances in a multi-family. CT offers a CHFA program for first-time home...
Will Johnston
Getting Licensed in MD/VA/DC
I'm considering getting my real estate license in DC, but due to my schedule, taking an in-person 60 hour class would be nearly impossible for the next six months, and DC does not offer an online class.However, MD and...