If you only need the funds for attorney's fees, it would be easier to get a signature loan from a bank or a loan on property or automobiles you own.

I few “bad apples” have infected the basket and when I see a blanket judgment on a whole group I care deeply about, I must share my thoughts.I used to help investors flip multi-million-dollar homes in Marin County California, one of the most affluent pack of zip codes in the country.

The point to all of this (to me) is to A)Build up enough independent income such that you're largely immune from needing "a job", B)Have enough money such that you can provide some security for your family,C)Have enough money so that you can provide funds to things important to you (charity, church, etc),D)Have enough money so that you can enjoy things in life that genuinely make you happy.If you are all the way down to D, then I personally don't see what is wrong with it.

For example, when selling an automobile to acquire funds which will be used as a source of down payment or for closing costs, the lender will usually require the bill of sale (in addition to other items) to help document this source of funds.biweekly mortgageA mortgage in which you make payments every two weeks instead of once a month.

@Russell Brazil  I agree with Russ totally depends on what kind of real estate.. keep in mind that when you ask this on BP 90% of those on this site will gravitate to the only real estate is rental either sfr or small plexs or MF.. there are many many other types of real estate .take for instance in my mind one of the safest and most passive is investing in land in the path of progress.. pay cash and hold it.. nothing to it.. over time if you buy right or you buy a timber tract with middle age marketable timber species like Doug Fir or white pine  west  East  … these are very solid long term safe investments that you just make and sit and wait.some of the biggest money made in real estate though is land in the path of progress.. this keeps you immune from the ups and downs and risks of tenants.. 

All loans have interest rates (except for certain automobile loans).

This is because the federal government is a "sovereign" and they are entitled to something called a "sovereign immunity."

And some of us investors are getting infected too-IMO-anyway.

I've been interested in real estate investing since I was young, especially after working on the pit crew of a race team owned by a commercial real estate investor.My passions are racing and automobiles in general, music, and video games.My hobbies are expensive!

I guess the same could be accomplished with automobiles and other typical tax write offs.In summary, what might advantages or disadvantages of leaving the wives off on putting them on the LLC?