With the larger banks it is very difficult to get the bank to consent on initially titling the residential property in the LLC even when you personally guarantee the loan.For the property that you currently own personally, deeding the property directly into the LLC will be treated as a capital contribution.

We recently received a notice for a 10 unit property asking for tenant consent to enter all units for an inspection.

(c) CONSENT TO REASONABLE LOAN MODIFICATION REQUESTS.—For residential mortgages underlyingtroubled assets purchased under this Act, the Secretary shall request loan servicers servicing the mortgage loansto avoid preventable foreclosures, to the greatest extent possible, to the extent that the Secretary, as an investor, has discretion to do so under existing investment contracts.

I see why wholesalers HATE reos. lol. i have a reo under contract, the broker going behind my back making counteroffers on earnest money and closings without my consent. the original offer, i was mislead by the broker that the bank wanted a fast closing ( the broker wanted a fast closing). what i learned is YOU have to take control of the deal from the broker and if they dont budge, keep it stepping.

Only in that in the republic, there is even less control by the people and laws are being made without their consent and it was the mob (as you termed it) that voted the representative in.

So, you will be obligated to pay a mortgage on a property that you cannot sell without this other person's consent.

Josh -Focusing on your second point first, I completely agree that Obama is doing a horrible job of overturning all the executive orders and bad policy of the last administration, and personally I look at this administration as a complete failure in that respect.As for moving on, it scares me that these types of policies could have been put in place by an administration without the consent or knowledge of the people.

You can show the property so long as you have consent to do so or to enter the premises prior to closing.

I called him almost every day for 6 months before he consented to see me in his office.

Jason,We use a Revocable Family Trust to get our short sales approved out here in California.