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Re: working with rehab purchase

August 12, 2011 09:08AM

This is easily handled with an equity sharing note and DOT. I like this arrangement as it helps shield you from liability from the project. When property is sold and escrow requests your payoff demand, you provide them the number which represents your capital and profit.

Hope this helps....


Edited 1 time(s). Last edit at 08/12/2011 09:09AM by Verve.
Subject Author Views Posted

working with rehab purchase

Hard Money Lender 5511 August 12, 2011 12:13AM

Re: working with rehab purchase

Verve 3265 August 12, 2011 09:08AM

Re: working with rehab purchase

Hard Money Lender 3868 August 12, 2011 10:26AM

Tax question re Hard $ lender

jd 3046 August 24, 2011 05:14PM

Re: Tax question re Hard $ lender

Hard Money Lender 3062 August 26, 2011 09:10AM

Re: Tax question re Hard $ lender

jd 3091 August 30, 2011 02:52PM

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