Zane Lyons
Logistics of a 50/50 Partnership Deal
Hi folks,This is probably a simple question, but I'm having a bit of trouble finding the exact layout of a 50/50 partnership logistically, e.g., title, loan, funding etc.I am looking for my second value-add deal and f...
Jason Hatcher
Establishing Florida residency
Hey everyone! Hoping for some insight on a complicated issue. My fiance and I have been travel nurses for the last 3.5 years. We lived, went to school and maintain our residency in the state of Kentucky. We have wo...
Frank S.
Should I let a TV show renovate my building in Chicago?
Chicago - NorthcenterThe project is a two flat deconverted to single family, the rehab cost can be up to $400K. Per the casting producer, we are on the next phase of screening- whatever that means. Have you gone throu...
Michael Carbonare
Sometimes It's Better To Be Lucky Than Smart, Or How I Made $30K On My First Deal
30 years ago I closed on my first real estate deal. It was a foreclosure, owned by the Resolution Trust Corporation. The RTC was a federal agency created in 1989 to resolve the Savings and Loan Crisis of the 1980s, wh...
Angeline Mentor
30 Year Loan in LLC?
Hi All, I have a hard money loan and I need to refinance it into a 30 year loan. I was told that I can do this into an LLC. I do not know of any lenders that do this. Is there such a thing. I would prefer to refinance...
Evan O'Brien
Creative Finance REI
What creative financing strategies have investors used to purchase properties? If any investors have experience purchasing rentals using creative financing strategies you’re more than welcome to PM as I’d like to lear...
Beth L.
Questions--How to use a Property Management LLC as the "face" of my rental business
So currently we have a number of duplexes being held each in its own LLC, with separate bank accounts and everything. I feel that before this venture gets too large, that I should create a Property Management LLC to b...
Jose Morales
are there cash out refinances for 100K duplexes.
I’m on the verge of closing my first rental property (90k) in Ohio. It needs some exterior repair and parts of the roof as well.Assuming it gets appraised minimum 100k after repairs.. will I be able to take out a cash...
Justin Cutler
Lease Purchase Declining Principal Balance
Has anyone structured one of these? Do you have a contract that you've used? I'll run it by my local attorney of course. Basically -
I can buy a property that I've leased for the principal balance at time of executi...
Keith Schulz
Business Credit
I currently have an LLC set up. Although, all my financing in the past has been in my personal name. I'd like to get to the point where I have enough business credit to finance rehabs.
In any case, I'm getting prequ...