My reason for NOT doing that LLC quitclaim is that in 10 years when I am sitting on a ridiculously low rate from 2015, the bank that has NEVER called a loan due in the past MAY change their minds if the current interest rates have returned to historical norms.For those reasons, some choose to purchase in their own names and protect via both leverage as well as liability limits as well as umbrella policies (and not LLCs).

Hi all,Been a BP pod listener for the last few months and am pushing myself to be more active here as well. Getting a bit tired of my current job (first out of college) given the demanding hours and really motivated t...

I know you say swap, but the swap is accomplished via two sales.

Eventually, I plan to sell it via a 1031 exchange for either a multi-family property (Savannah, Ga..?)

Part, yes, I am a sick twisted addict to this sport called Real Estate BUT also we had all the incentives for it via % based fee for service.   

While MOST people with pension plan investing who want the higher yields of private/hard money loans would either (1) purchase existing notes from note brokers or (2) participate in partial notes via brokers or (3) invest in sponsors high yield note funds there are some do it yourselfers who choose to invest in loans independently.  

But there are also other brokerages that might be better, depending on what you want to do - as in, no big box places will suit what you are looking for.Reach out via DM if you want the info, it's a 12-page PDF that explains everything, but is a no pitch.

Five years later I filed the MH as abandoned via the State of Texas process and received my Statement of Ownership from the State.

You can check the age via the serial number as well

I would lend it out via hard money, which I'm currently doing, at 10%.