If I place a lien on my own homes ( res and rental), in my own name, for the full market value, will those liens protect me from other liens except possibly mortgage co, if they are first and largest?

I closed my first multifamily syndicated purchase this week (24 unit, 7 yr old high quality condos in Des Moines),but, my second deal fell through because the largest investor pulled out at a late stage and I didn't have a backup investor so couldn't get to closing.

The entire firm is separated into 3 distinct departments, marketing, maintenance, and collections.

If your goal is to buy more property, I would take the 1st loan.That's going to be the cheapest and largest loan you'll be able to get, unless you intend on continuously moving primary residences.

Our exemption allows for up the 35 non-accredited investors anyway, but the group managing the projects really is separate and distinct from the fund.

I have only done one deal and that was through a wholesaler, so I can't tell you from experience, but from reading a lot here and elsewhere, it appears the largest margins are usually (not always) made outside the MLS.

Hey Donna - I assume you belong to different REIA organizations there in San Diego and hopefully you belong to the largest REIA in that area.

Largest town is 25000.

They are the same thing from the IRS' perspective;- From a legal/asset-protection standpoint, the difference is between a corporation and an LLC, and from a legal/asset-protection standpoint, the election of s-corp is meaningless.So, while I'm certainly no expert on this topic, make sure that when you talk about the differences between the two, you specify if you're referring to the tax implications (no distinction) or the legal/entity implications (likely big differences depending on statute, structure, number of owners/members, etc).

However, I think shelter/housing is always going to take up the largest percentage of earned income.