Finally someone explain this topic clearly - Really appreciate it !
@EnergyProX2 жыл бұрын
Terrific information! Thanks Clint
@ClintCoons2 жыл бұрын
You bet!
@DesirableLibra7776 ай бұрын
Sir, absolutely freaking thank you for your time in this video!!!
@breathitsavibe8255Ай бұрын
Yesss I have been looking for a simple break down thanks 🙏🙏🙏
@ryder8252 жыл бұрын
At 8:28 you mention that title is held in items 1 & 2. But I want to clarify that in #2 memorandum of interest, doesn't necessary give you any sort of title ownership correct?
@ClintCoons2 жыл бұрын
Correct just puts other people on notice that you are claiming an interest in the property.
@bronzeage_222 Жыл бұрын
Great content and another proof that you don`t need good penmanship for success in life :)
@ClintCoons Жыл бұрын
😂
@oleopathic11 ай бұрын
Clint, would yoy advise on interstate real estate lending deals' business entity formation ?
@Amysusie-q5 ай бұрын
SUBSCRIBED! Great video. Thanks!
@ClintCoons5 ай бұрын
Thanks for the sub!
@teresawilliams34412 жыл бұрын
Great video! For option 2, where do you file the memorandum of interest? Does that get recorded? And would that be a good option if the investor doesn't want to be on any paperwork related to the property itself? Thanks again!
@ClintCoons2 жыл бұрын
The MOI gets recorded against the property. It would be filed at the recorder's office. If the investor does not want to be on the property then I would structure the deal as a loan and record a deed of trust.
@AberrantArt2 жыл бұрын
Great content as always! Thanks Clint.
@ClintCoons2 жыл бұрын
Thanks
@vaseb18 ай бұрын
This is great thank you! With these structures, can the investor still receive a K-1 and participate in the tax benefits?
@organizer147 ай бұрын
What kind of dispute resolution look like?
@ellenoir56782 жыл бұрын
Great 👍🏿 video coach Clint
@connorjteddy Жыл бұрын
Clint, how would you structure option 1 with multiple investors not one? Could we form an LLC that they invest into and then give that LLC a note and deed instead of each investor?
@ClintCoons Жыл бұрын
That is how they might structure it but I would not make that recommendation to the lenders otherwise you could possibly be crossing into securities issues.
@FatalFarrow Жыл бұрын
Hi Clint! Is there another name for memorandum of interest? I can't seem to find any info on this. Most Google searches only mention a "memorandum of contract" in the situation of a purchase and sale agreement.
@ClintCoons Жыл бұрын
Memorandum of contract is the same.
@justsomeguy29432 жыл бұрын
Clint, Where would an LP fall in relation to your list?
@ClintCoons2 жыл бұрын
It is the same as the LLC
@justsomeguy29432 жыл бұрын
@@ClintCoons Thanks, Clint.
@MLDU2010Ай бұрын
Clint, what is the best way for a syndication GP to have asset protection? Do you hold the GP stake through a WY LLC for example?
@ClintCoonsАй бұрын
Using an LLC like you describe.
@bensherrington2 ай бұрын
Hello Clint! First question, does most or all of this apply to Canada? If you know of course. As well, the Memorandum of Interest, is that more or less the same as a Memorandum of Understanding? I cannot find the Memo. of Interest anywhere on the Gov. Canada websites and can only find the Undertandingn variant. More questions to follow
@ClintCoons2 ай бұрын
This only applies to the US
@bensherrington2 ай бұрын
@@ClintCoons So none of this really has much value in the Canadian Market whatsoever?
@matthewlangford6092 жыл бұрын
Great video. Have you considered creating a video on the best structure or entity for investing in real estate through security interests? For instance, buying partnership units in a partnership, and that partnership owning multi family. A little more unique, but great for 1031 exchange purposes. Maybe you have one out there and I missed it. Thanks.
@ClintCoons2 жыл бұрын
Check out this video: kzbin.info/www/bejne/mKGucmWrqZWKrsk
@matthewlangford6092 жыл бұрын
@@ClintCoons Thanks great video. Can you expand on other options in addition to an LLC? Can I use a Wyoming Statutory Trust, or living trust? Would those work the same?
@ClintCoons2 жыл бұрын
@@matthewlangford609 Are you asking how you can take ownership? Yes a WST can own real estate and have more than one beneficiary.
@matthewlangford6092 жыл бұрын
@@ClintCoons not take ownership, but rather holding limited partnership or security interests. For example, a benefit of the llc holding the interests would be for the scenario where a charging order occurs, and I could take a mgmt fee or loan instead of a distribution. What if instead of the LLC, the limited partnership interest was held by my living trust. Sorry I wasn't clear before.
@ClintCoons2 жыл бұрын
@@matthewlangford609 The strategy does not change.
@andreykutyushev11532 жыл бұрын
Can you explain what happens in a foreclosure or non payments with a memo of interest
@ClintCoons2 жыл бұрын
The court will determine if the MOI has any merit and whether you are a secured creditor.
@oleopathic11 ай бұрын
Clint, I'm looking into a 2-member partnership where i want to be the manager and the other partner will be a sponsor. They will invest into this entity. I'll lend out this capital as they stay on the sidelines. Then, at a prescribed day each month interest on this capital will be due and this interest will pass through to this silent partner in its entirety. Does an LLC, LLP or other entity allow me to "throttle" disbursement to this partner so that they retain their Federal programs' benefits ?
@oleopathic11 ай бұрын
Is it possible to setup a partnership with 1% and 99% split to ensure the sponsor (silent partner) gets most of the profits whereas the manager (general partner) gets nothing ?
@humayunkabirlimon17722 жыл бұрын
Thank with honor I am ready to sign with Agreement and Everything control over your LLC
@ClintCoons2 жыл бұрын
If you would like a FREE 30-minute consultation, you can request one here - aba.link/30minSession
@organizer14 Жыл бұрын
Very helpful! Brilliant! Thank you very much!!!
@ClintCoons Жыл бұрын
Glad it was helpful!
@frankk38802 жыл бұрын
Wrong title for this video. This wasn't about how to find private money investors. It was about HOW to work with private money investors
@ClintCoons2 жыл бұрын
Yup need to let my team know.
@ArmanArmondo9 ай бұрын
thank you sir
@oleopathic11 ай бұрын
This is from the borrower's perspective. Title ought to reflect this.
@fun36592 жыл бұрын
Clint is God
@ClintCoons2 жыл бұрын
Hah. :)
@Name-ne3yy Жыл бұрын
Blasphemy
@rightright6582 Жыл бұрын
Is this fellow for real? Jesus , just wow info, i was just looking how to split a deal with an investor, the fellow went the extra 2 miles
@ClintCoons Жыл бұрын
Thanks
@humayunkabirlimon17722 жыл бұрын
Respect with honor I believe you LLC I am agree with your condition please Amen