We just bought a house to rehab. A relative is giving us a sum of money for rehab it. We will then split the profits in accordance to the percentage contributed per person. Which contract should we use and where ca...
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Hi All,
I have made a large earnest money deposit with Taylor Morrison for a new construction home. I am unable to make more down payment to the bank to get a loan. I want to come out of the deal without losing the e...
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I am trying to understand the mechanics/math behind a CMBS loan assumption and the cash/equity needed from a buyer who would acquire the property and assume the loan.Example parameters below:Original Loan Bal...
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I have just sent out a LOI (Letter of Intent) to a seller for a potential deal. The seller wants me to draw up the contract for the owner financing. I was looking for an example document. AND does the contract have to...
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Hello All,In evaluating a particular market when looking at multi-family syndication, what in your opinion are some of the most important market parameters (some I outlined below)and where can one find this info, pref...
ThanksHello, I have question regards removal of the snow at the rental property. Uhh am trying to help one of my tenant by giving him some jobs around the property such as landscaping and snow removal.that way i usua...
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Hi I am new to commercial Loans, the lender I’m working with doesn’t wanna to put anything in writing. I asked him for a loan disclosure stating the rate, lock in period And other details of the loan. He wants to give...
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Has anyone worked with Three Pillars Capital Group before? How do you evaluate a value-add multi family syndication deal? What parameters to consider? Does 8% preferred return, 70-30 split waterfall model, 20-22% IRR ...
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Hey BP. Wanted to say hello from Cincinnati, OH. My business partner in Pittsburgh and I are currently shopping rental units to get in the game.
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Hello everyone, I am trying to get started in private lending. Does anyone have any tips or contacts?