That's about a 3% return on that $325k of equity.If you're happy with 3%, sell the house and put the money in ING Direct or some other low yield bond.

Privately a member of board of directors is going around telling the occupants that HOA doesnt pay water and sewer, you guys have to pay it yourself.

An HOA is supposed to be representing the interests of the owners, if this one is not get the board to see things differently or get a new board of directors.

Some places require bonds and insurance so you'll need to state you settlement date and apply for refunds on bond/ins premiums.Personal property records may need to be assigned for tax purposes at the county and declare taxable property to the assessor.You'll need to see your tax preparer to file applicable tax forms from the sale and for income declarations as well as any application to change accounting methods or tax treatment of the company.In a real estate company you'll need to clear the old officers/directors and members with the State Real Estate Commission according to the license requirements for those positions and set any Broker Manager.Signs, letterhead, business cards, logos, copy rights and patents, if any (lol) should be described in the sale contract as well as all books, records, accountings and related working papers (so that an audit may be performed).

don't know how strong it is to present these options to them (director of portfolio management) with both exit strategies assuming an increase in value

Hey Jon - Either myself as an owner or our Director of Operations over there in Dallas will be there - of both!

Hello John,That is possible but the director or any representative of this company must be in the US and sign this QCD at public notary office.

I think she is being a bit too cautious as well, but I have never set up a private lending transaction before and she is the director of the securities division for a large law firm, so you can see why I listened to her.

My name is Thomas, I'm an IT student that work in a bankI used to be a IT director, but right now I am getting interested in investing and paying the bills with rental income.I also am looking to buy (and hold) a rental property, I prefer a duplex/quadruplex, in any city.I'm looking to find a good management team and good tenantsI'd also like to find a mentor in real estate investing.Thomas

You'll need to find the right lender too, banks have written loan policies approved by directors and small or medium size lenders won't allow non-recourse or there will be limitations to restrict such lending.