Eli C.
When does forming a multimember LLC count as a security transaction
I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...
Salem VanderStel
Seeking Commercial Banker Contact with Syndication Experience
Hello BPs,I'm looking for a commercial banker contact who has worked with R.E. syndicators in W.Michigan. A few points:-Seeking $250-$750k in total loan value-30-35% Down Payment-Ratio of 3x Rent Revenue / Mortgage -...
John McKee
Heloc on a commercial property?
Does this type of product exist for commercial? Is it possible to get a line of credit against your property?
Bradley Petras
Bridge Loan --> FHA Loan
Hey BP,
I'm underwriting a Creative House-HackAn A-Class new build 4-Plex needs about 25k / unit and a certificate of occupancy to achieve Rent Ready condition. The developer ran out of capital to finish the build an...
Neil Narayan
Multibillion-dollar data center campus could open in Hutto in late 2024
Dallas-based Skybox Datacenters secured unanimous approval from Hutto City Council for a development agreement for datacenter space called "PowerCampus Austin" on track for completion late next year
The agreement bet...
Tom Nagy
Stay away from RAD Diversified
This company is a complete real estate and investment ponzi scheme. Run by Dutch Mendenhall and Amy Vaughn, they solicit hard money loans (which they do not pay back) and joint venture real estate deals which they al...
Gary Michalske
Cash-on-Cash Return - include rehab cost or not
I just noticed a disagreement between @J Scott SFH_Rental_Analysis and @Brandon Turner Four Square method for calculating the cash-on-cash return. It may just be me overlooking something but J Scott doesn’t include t...
David Rutledge
Re Fi after 3 years of seller financing?
I am looking at acquiring a package deal of a few properties with the use of seller financing for 3 years with a balloon payment at the end of 3 years.I am relatively new to the investment business and I have only eve...
James Schass
Quote for Security system
I was quoted 30k for a security system from Access Control Technologies which installs hardware from PTISecurity. They did say it was worst case scenario and it was sight unseen. I am going to have them come out to ac...
Kevin Bain
Taxes on simple assignment deal?
I always feel a bit awkward when asking a question because it makes me feel lazy for some reason lol. When you do an assignment wholesale deal how are you taxed? I do not currently have an LLC. I don't if I could h...