Use a Non Profit 501(c) 3 CDC to Enhance Your Return
The CDC contributed the property to a limited liability company in exchange for a $500,000 promissory note and a 10% membership interest in the LLC. The LLC refinanced the property with the same lender at a 4.25% interest rate.
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Use a Non Profit 501(c) 3 CDC to Enhance Your Return
Why I Use Limited Liability Companies For Real Estate Acquisitions
Whenever I sign a purchase agreement for real estate, I always try to use a Limited Liability Company and these are the reasons why.
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Why I Use Limited Liability Companies For Real Estate Acquisitions