Educating a borrower may have little financial reward initially, but it can be rewarding in public perception which by the way can be very valuable.

This way both the risk of the client and the reward for himself are maximized.

It is not a glamorous lifestyle but it is an honest one that definitely has rewards.

We would like to leverage somewhat though to allow more purchasing opportunities while prices and lending rates are low.Can anyone chime in on the risk vs reward of using the residential loan but transferring the property into an LLC?

Do we get a prize for the longest answer to the shortest question?

Playing music is a lot more fun when you don't need to rely on it to pay the bills...Ben Leybovich,Don't you find it a bit ironic that despite the fact that you dedicated a large part of your life to something with no real economic reward, and yet still have managed to create the life for yourself that you want, are of the discouraging attitude toward college?

I chalked it up to risk/reward of taking over property from an absentee previous owner.

You did "bird dog" it for him, so try to get two things out of this: "bird dog" referral reward, and to learn the biz by having permission to observe the rehab.Or you could be spiteful instead.

Yea, LA is certainly a tough market to crack, however, bc of that, the rewards are just as fulfilling :)

That's the bottom line, is the consideration given usual and customary with respect to the risks and rewards of the parties contracting to do something?