I have some private money I can use from multiple people. How should I go about managing it? Do I create one checking account and have everyone transfer money in there? Would this get flagged by the FBI if there's tra...
We are Private Money Mortgage Lenders. We use a loan servicing software that has a monthly subscription. What are options for having our investors pay their share of this monthly fee? Thanks for any input.
So I have 2 deals on the table that I'm trying to choose from.One deal is:Asking price: 915k21 Units total. 4 fourplexes, 1 triplexes, and a duplex. Major structural issues with the duplex. Minor issues with all the o...
We are in talks with a few larger local operators on some multi family portfolios. One of the sellers we estimate his portfolio to be worth around $20 Million. He is willing to carry 20% of the financing. My question,...
Hello everyone,Have a question in regards to engagement with a real estate lawyer and the risk of being sued by investors if an investment in a Multifamily property. Part of an engagement letter with a real estate law...
Hi folks,
Wowwww I am so pissed at my home state of California right now:
I am planning out of state investments in buy-and-hold multi-family properties. (Insert standard California refrain: "It's too expensive her...
I'm thinking about purchasing my first rental property to diversify my assets. I'm wondering if starting a C corporation, where I am the sole shareholder, makes sense. I know some downsides: double taxation as the cor...
In a wholesale purchase agreement, I have two important clauses, "Assignability" and "Specific Performance" so no need for me to upload full contract, just keep those two terms in mind. Thanks.So my contract is set up...
For those LP syndication investors out there, what is your minimum criteria for investing in a fund? (Target CoC, preferred return, equity split, target equity multiple, target hold period, operator requirements, etc)
I own a lot currently worth about $850,000. I want to sell it for $1,75 mil with a contingency that I would design and build a house on the property to suit the purchaser. I would ask a down payment of $300,000 follow...