That'll drive your next steps.If it merely relinquishing an interest, then prob nothing.If it is relinquishing interest in favor of a named party on the deed, then prob something.Ask your escrow person.

I was merely trying to point out that CA is a very valid option for cash flow.

However, for you to better learn in the real estate industry - you have to take more practical courses that will help you in terms of applied knowledge and not just mere knowledge.

If Chris is a perfect PM and the 'house harmed the plumber' by merely 'having a floor to land on' -then I'm with you - the LLC is responsible for the 'harm' and you can only get the LLC's holdings.So...

You have 2 main players if there is not any junior liens on the property.The lender on the loan and the owner.The banks DOES NOT own the property with a short sale and is merely agreeing to release their interest (lien) on the property for a discounted payoff.The owner of the property has to agree and go along with the price and terms the bank accepting the short sale wants.If both do not agree then the terms and price and conditions go back and forth until they settle or the short sale doesn't happen.So a seller can want to sell to you at your price but the bank doesn't agree or the bank agrees to sell at your price but the owner doesn't agree to the conditions of the sale the bank wants.So without both on board you have nothing.

Think about properties that used to cash flow great, and now they are merely good.

I don't believe this will result in overheated markets - I believe markets fell so low that this is merely bringing them back to equilibrium.

-There were recent accusations of fraud from the bank to the LO and the LO is no longer working there.Im probably missing a few things from this story but its merely hypothetical so try not to read too much into it.....Do regulations of other agencies supersede commercial regulations when a principal residence is involved?

Your list and letters are merely the door openers you understand.

Was going to look in the Jacksonville market, but just a tad too far for me. re.