If you default, and I don’t think you will if you do the rights things, they get the property.

Also, if the property were to foreclose, it would be because you defaulted on your note!

Do you know anyone who is investing in the debt of distressed office buildings, and then buying them at a cheap price once they default? 

I went to the superior magistrate court clerk today for the list of pendants/notice of defaults, and they had no idea what I was talking about.

It means that your 45 day list becomes by default (after day 45) the properties you have already purchased. 

By default, a multi-member LLC is taxed as a partnership, meaning that profits and losses flow through to the individual members' tax returns.

If the building owner default does that mean you lost $300K.

A lot of investors will create new LLC's for each rental, so that in the case of default, they can only go after what is in the LLC that owns said rental.

Read your post about the dangers of confronting tenants in default.  

I am saying as minimum.........anyhow ....US real estate market will be 'very ugly' next year, Howard Lutnick warnsThe CEO of Cantor Fitzgerald said $700 billion in defaults are cominghttps://www.foxbusiness.com/real-estate/us-real-estate-marke...