I am looking to buy my first property and thought this would be the best way to catapult me into real estate investing.Home is worth 780K and I would 380K.The thought was to get liquid and leverage the money to purchase a duplex/triplex and have some leftover for maintenance and unknowns.I was told selling my home to my corporation might be the best way to get all my monies in my home for that first step in real estate investing.Looking for comments and suggestions or anyone else in the same situation and how you moved forward. 

If it needs work, perhaps you should look into building corporate credit while you take care of your personal credit.

Someone could be worth 50 million but if they have no guarantee or a single entity remote LLC it is worthless.You could have all that other stuff and they could simply walk away and keep running other locations of their businesses.If they are a large corporation you want to see if they are credit rated and then if investment grade BBB- or not.

Might not be a bad idea to look into building corporate credit as well which doesn’t require a personal guarantee.

The economy is growing, companies are hiring, and the housing market is hot, with this suburban enclave spreading farther into the Mojave Desert.But the recovery has been uneven.Although the Las Vegas area is booming, the middle class is still getting squeezed.Steady growth across the country has lifted the stock market and corporate profits.

An LLC can make an election to be taxed as an S corporation.

I made offers, but got politely rejected.

The key thing is to be polite and respond to things as quickly as you would want them responded too if you lived there.

Choose to politely defer and renegotiate with the 70% owner and let them negotiate for you with the big buyer (this might work in your favor if the purchase is somehow linked to a certain number of units coming with the 70%.3.

I think it may only preserve the rights for the current owner but if the park is titled in a LLC or other corporate entity you may be able to simply buy the business instead of conveying the property and preserve the rights of the current owner.