If you have little to no assets, then you have little or nothing to lose and a simple insurance policy will suffice.

Purchasing in your name and immediately quit claiming to a legal entity at the same closing will suffice and keep the legal formalities of your business entity.

Suffice to say i sold and 1031’d into new construction in Oregon. 5 years later and I am in contract for 20 units at a price that is 5+ times what my bldg appraised for before we offered it.

We have purchased some properties noticeably below retail but never enough below retail that it would suffice as the entire source of return. 

I deleted a few sentences here, but suffice it to say that I tried to be nice to everyone no matter what in the beginning and I ended up with Tenants who thought they could walk all over me, and contractors who didn't take me seriously and didn't complete jobs. 

Or would me paying him interest suffice (providing he is okay with that.)Would just like to know how conventional lending guidelines work with private money lending and what specifics I need to look for.Sorry for the packed question! 

Ok, this is where I’m confused because I brought up “ refinancing ” to a personal realtor and she’s the one who mentioned “ why won’t I get a traditional mortgage instead” and you won’t have to worry about perhaps a seasoning period and you’ll close within 30 days to say the least.I have the payoff amount from title company.With regards to whom gets what if indeed a “ refinance” is indeed the correct route, I assume the purpose of having a limited power attorney over said property would be suffice.

Yeah, my wife and I think that we need to wait till we have the reserves, $100,000 seems suffice.

You can find it here...https://www.biggerpockets.com/...Suffice it to say as long as you have something with 2+ bedroom and you are willing to make it look pretty, there will always be a demand among voucher holders.

The only saving grace here is that she rolling on a month to month lease so 30 days notice by either party can suffice with no reason given at all.