I would put his legal entity on title as well and do whatever the lawyer instructs you to do to make sure that he is somewhat active to avoid securities problems.

Collier - A company I own finances manufactured homes in Illinois.

Ok so I'll liven up an older thread, I think it's very relevant to hear the stories of others that are or contemplating going FT into RE.I was never a good employee & had too many ideas so I started a machinery manufacturing co. about 25 yrs ago.

I think my local area is actually good, because I see lots of properties (granted, they are manufactured homes for the most part) that will instantly create positive cash flow.

We have signed up for the Summit.We are so excited about the entire program & especially the Wholesaling camp & curious about the Flip & Fix.Please provide instructions as to how to register.Thank you in advance for your assistance.Have a great Super Bowl Sunday!

You can read HR 4 HERE You might also want to check the date on your instructions for 1099-MISC.

To me, a bad inspection report says "water heater was working at time of inspection with no noted issues" while a good one says "although water heater was fully functional at time of inspection, the serial number indicates it was manufactured in 1997 and therefore may be near the end of its useful life".

At least the manufacturer reimbursed me the cost of the original floor.

I have all the paperwork signed prior to funding day and part of that is escrow instructions providing the info as to how and where to wire my funds.

he gives step by step instructions with real websites to use and how to use them.