Does that include covering your (future) retirement needs, health care costs, all other corporate benefits?

Any updates ?

It should also be noted that there is often a difference between the borrower and the guarantor.If the loan is made to an entity (LLC, corporation, trust, etc.)

If the house has the right updates for electrical it is a very in demand area for Section 8 tenants as well.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

This is also part software sort of speak, it gets updated with new features...there is work to it, idk if that labor required is intrinsic too maybe.

A good broker remains transparent throughout the process, providing regular updates on loan applications, lender responses, and any emerging challenges.

@Ramada EvansBefore putting in any offers, I would make sure you know what the going rate is for a 12-month lease in your neighborhood, for a similar property (in its current condition and if you updated it).

Does anyone know a lawyer there that is familiar with hard money loans and could update the paperwork ?

Does my homeowner's policy need to be updated to name the LLC as the insured?