I know very little about Kris & Jessie except that they are involved in a lawsuit for their education.

Since the biggest risk is being accused of fraud, and since a remote entity won’t help you in fraud lawsuits, again, it probably doesn’t matter.  

Hi all, was wondering if anyone has or intends to file a claim in the residential real estate broker commission anti-trust settlements. I've sold dozens of homes during the so-called Eligible Date Range, but figure an...

If you were entitled to those lawyer's costs your lawyer would have asked for them in the lawsuit because a judgement gives you the most ability to potentially collect that money back from the tenant. 

Lawsuits need to name both MI and OP as defendants as they're both complicit on this fraud.For those who are following this saga for entertainment here's an update:"An Ex-Fox News Host Pitched ‘Financial Freedom.’

do not have a lawsuit

It’s doubtful you would have been able to foreclose if the loan had been contested and you lost.According to all the lending attorneys I know, this is the most popular lawsuit in private lending.

Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

Did the lawsuit show up on a personal background report?

I wouldn't pay points unless you are trying to "buydown" the interest rate, which doesn't always make sense, depending on your length of ownership and "breakeven" time.Properties held title in an LLC can offer protection from personal lawsuits, but we still require personal guarantees on our loans.Let me know how I can be of service.ThanksCraig