A developer I vetted has invited me to invest in his projects as a silent partner paying 6% interest with monthly payments.His projects are socially responsible, which is important to me.Is 6% a good rate? Someone in...
silent wrap-second mortgage-how easy is it to refinance?I have a seller offering me a silent wrap second mortgage. He says I'll get an affidavit of equitable interest at closing and my payments to him are escrowed and...
silent wrap-second mortgage-how easy is it to refinance?
I have a seller offering me a silent wrap second mortgage. He says I'll get an affidavit of equitable interest at closing and my payments to him are escrowed a...
Is there any way to convert a silent 2nd note (no payments until balloon date) into cash flows?Tangentaly related: what will selling such a note to a note buyer fetch for say, a maturity date 5 years out?
My husband and I fund our own flips. There is a house we are interested in , but we are about $40,000 short. We know a few people who have stated they would invest. The house is $140,000 and needs about $20,000 in rep...
I browsed around a bit but didn't see anything exactly on point, so thoughts welcome.
I am working with a family member, with whom I own a separate property. We will have an LLC. I will be doing ALL of the wo...
Hi Everyone,I am curious what others have done for partnerships, specifically one where the equity invested is 50/50 and the one partner does all the buying, managing, etc.. What is the right deal structure for someth...
Hi - I have been investing with a partner. We split everything - work, equity, mortgage and downpayment. Few of our friends have asked if they can invest with us without doing the work so as silent partners where we p...
Hi guys,
I'm looking to purchase a duplex (first rental property) and live in one side at least initially. My best friend inquired about being a silent partner and that he could help with the down. We're considering ...