Linzey Ledesma
Duplex partnership structure
Hello BP,In need of some creative ideas....How would you structure a partnership for a duplex?I came across a duplex 1bed/1bath 2bed/1bath in Socal, asking price is 299,995. Property is currently rented out. Rent is 8...
Juwan Parker
Best Ways to form a partnership
Hello everyone,My friend and I both are in REI and each have our own LLCs that we own our individual houses through. We found a killer deal last winter and WE bought it through HIS LLC because we didn't have time to d...
Spencer Freeman
Corporate tenant for single family residential rental?
Hello -
I just closed on my first investment property a couple of weeks ago, and I have been advertising it as a long-term rental (note, the property is in Nashville, TN). I received the message below, and I am unsur...
Eric Allgeier
Private loan for down payment deal structure.
Here’s The situation: I am looking at buying a portfolio of single family homes for around $1m. I’ll need 200k down. I have investors lined up but I’m not sure how to structure the loan. The loan would be about 15...
Sara Pierce
Ideas for creating partnerships
Good afternoon,
A friend and I are wanting to create a partnership for investing, our strategy would focus on BRRRR with some flips as well.
We have very similar financial situations with similar cash available an...
Seth Tate
House Hack Duplex Insurance
Currently under contract on my first house hack/duplex. Financed with an FHA loan so planning to stay at least 1 year. What is the recommenced way to structure insurance on the property that is a primary residence and...
Frank Matanane
Manufactured Home - Unfinanceable Adjustment?
Hi Guys,For those of you who "don't shy away from manufactured homes on owned land (vs park owned land) you know that certain attributes like age and structural alterations can cause a manu to no longer be financeable...
Jake Wosick
Subject-To Deals in Illinois
Does anyone have experience with Subject-To deals in Chicago?
Matyas Sustik
Sweat equity taxation
I hoped some experinced members could point me to the right resources on the following situation.Assume you syndicate a deal and as part compensation for putting the deal deal together, for finding the right property ...
Peter Philando
How to structure partnership/JV with two possible investors
Here is the deal:My neighbor and I formed a partnership (LLC) a few months ago to buy, rehab and flip houses. We have $40K in the business account but in the South Florida market does not make us very competitive for ...