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Hello everyone, I was wondering if HML "Require" that the 15-20% be "your" funds or if it can be from your partner, if in a partnership, or if it can be from family or a PML. Just asking if the funds strictly have to ...
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Looking for a little insight.Here’s my scenario:I have 2 sfh without a loan against them. I have a duplex without a loan against it. I have a duplex with a small loan balance. And I have a sfh Airbnb with a loan on it...
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Good morning all,My name is Dan and I've been lurking on and off of this site and listening to some of the podcasts for about a year so far.A few close friends and myself started a General Partnership officially as an...
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Hey guys, looking for advice on how to structure a partnership with a contractor for some fix and flips. If anyone has experience with this I would really appreciate your feedback.I have a good relationship with a con...
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I am meeting with a few contractors this week, I am trying to find one that I can trust to do complete rehab work on rental properties and flips. How do most of you work out your compensation agreement with the contra...
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Hi BP,I've got an opportunity to JV on a rehab flip deal with some other local investors. This is great for me as i'm new to the game and they can show me the ropes, they have the resources, and most of all they have...
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Hi All. So after trying several ideas in my home state of California none of which will pencil out we are going to start purchasing smaller multi family property in areas of Missouri. I have a family member who invest...
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So I'm currently looking for my first flip project and am getting more serious about writing my first offer. I have set up my LLC which will be will be taxed as an S Corp, found a great CPA who specializes in working...
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Good Easter Evening BP,
I have been working on a Canadian Relevant Spreadsheet calculator based on J Scott's (Here) which can crunch all my numbers for me. Trying to get estimated %'s and rates and averages f...
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Hi BP,It has been a while since I posted but rest assured I have been working hard structuring deals while keeping a close eye on the BP forums and posts. Thank you all for the valuable information. I have a handful...