We ply address any fees the buyer is expected to pay, above and beyond buyer's normal costs...ie. we Try to nail down HOA contributions, partial payments to junior liens, etc up front.

What the LLC gurus don't explain is that the LLC is still your asset, your assets can be clean out through the back door as easily as the front, meaning, a management issue goes to management company, it gets nailed and its interest are at risk.

In either case, you need to really nail down these expenses.What the owner provides you is only as good as the owner him/herself.

Agree with David in nailing things down.I respect Chris' opinions, but on this, I wouldn't say a mortgage is "better" in a partnership.If you're a lender, you'll be foreclosing on that interest, you'll be selling to satisfy the mortgage interest only.

I think @Ann Bellamy nailed it.

After everyone made their guess, we'd look up the listed to see who nailed it, not bragging but I was very good at that game.

Nailed it.

William Robison hit the nail on the head with precision!

I don't consider the cost of a gutter nail to repair a lose gutter.

They get nailed, you'll get nailed.The SAFE Act and Dodd-Frank need to be read very carefully and interpreted only by those with law degrees and more over by those with financing expertise.If you read these regulations you'll see things such as "anyone who makes, originates, processes......any loan......or financing arrangement"Now, a simple question.....who "makes" a loan?