Through that process he held off on filling the units.

Here are some differences between a land trust and LLC:Land TrustAnonymity - if the land trust is set up with a nominee trustee, then title to real estate can be held privately. 

Short term, for properties held under a year, and long term for properties held over a year.

They held the $330k mortgage on it.

I could get more on the retail market if I held on to it until summer, when the lake market in our area really takes off.  

I have done several foreclosures myself over the years but had to have my hand held the first time or 2. 

What is commonly known as DSCR Loans are loans from private lenders, not typically banks, and these loans are part of the "Non-QM" umbrella and turned into mortgage-backed securities, not typically held on a bank's balance sheet.Here are some articles published on BP that should help!

The main monthly meeting is held in Raleigh and it would be a good group for you to get plugged into to get more local contacts and learn more.

That doesn't come into the picture when we deal with retirement contributions or eligibility and using those terms just muddies the waters.Second, how this can be structured depends on how the rentals are held. 

We  closed on a 128 unit deal last year, price of 9.6 million, and the owner held $450,000 as part of the down payment.We've also done deals with 80% bank and 20% seller carry back.The cycle has shifted to where seller financing is being used more often.Good LuckGino