All Forum Posts by: Julie Harris

Hello, have anybody used DC Fawcett's Virtual Short Sale Investing System ? he is selling it now for 997 $. let me know! thank you!

Hello, did anybody try to use Compass Partners LLC program - they build the house and rent it out for you (lease to purchase), while paying your mortgage till they find a tenant. and the builder will make sure that the finance amount is only 80% of the appraised value. Please let me know if you heard about them.
http://compasspartnersusa dot com
I was offfered this deal in Houston...

Steve, so how do you hold your investment rental properties? Under Cort or LLC?
are you financing under your name or you have enough income from your company, so you can use that for financing instead? thank you

I thought that having property (TITLE for the property) under LLC will protect you from being sued, as well as it will prevent anything showing under your name as an owner. so its kinda you own nothing.
I agree that you need to have umbrella insurance policy as well.
I am about to do my first investment property, so was asking how to do it better. I will have to use my own SSN to get the loan though...

I am a starting up investor, I have registered LLC. Are you using LLC for the title and then use your own SSN/NAME for the finance part? so this way you are protecting yourself? please let m eknow. thank you!

Hello, my realtor suggests me to do a lease to purchase on a house in Houston TX. I heard that there can be a lot of financial complications if the tenant is late on a payment, I wont be able to kick her/him out and have to forclose on myself first ... is that correct? or a RE lawyer can have all these details in a contract to protect me?
this is my first investment purchase.
thank you