Yes, they are recourse loans, so when borrowing within an LLC, you would sign on as a recourse guarantor, which is standard across the DSCR industry. 

We bring a wealth of experience as we put 100 hours a week towards this industry.

Real estate industry is a ‘spectrum’ running from ACTIVE BUSINESS on one end to PASSIVE INVESTMENT on the other.

I am new to the industry but am focused on long term goals and wanting to build a team of reputable individuals where we can all bring each other value and make some great money together. 

It is the most popular software in the industry and all CPAs know how to navigate it which is nice.

I would strongly recommend attending one or two so you can start networking and meeting people in the industry.

No saying where things go but much like your employer you can kind of see the industries picking up in NC.

This is an example of the fee structure in my state of PA :(some real estate transfers are exempt from realty transfer tax, including certain transfers among family members, to governmental units, between religious organizations, to shareholders or partners and to or from nonprofit industrial development agencies.

Parts of it didn’t age well, and is somewhat indicative of how the industry became into the position in which we find it today.

For most that have vanilla LLC's were they bought a rental put 20% down and own a few of them to me its over kill.when you move into larger multi million dollar deals then yes I see most folks buying those in separate LLCs.. but have partners who have only one and own HUGE holdings in the one company  shopping centers , MF  industrial tilt ups.. but with monster insurance.