Think about questions you can ask to gauge the experience the professional will give you when delivering services.

If you don't meet that 12 month seasoning requirement and/or want to hold the property under an LLC, a debt service loan may be a better option.

In addition to public Service Jesse Brewer is a real estate broker with over 20 years’ experience in dealing with rental properties both as an owner / manager, but also as a broker selling them.

If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them?

Those are my thoughts and the things you have to tighten up if you actually want to offer this as a service. 

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

If the extent of your real estate business is renting out your basement than no, a Wyoming trust is not necessary (in fact, a Wyoming trust is not necessary for 99.9% of real estate owners)....you were contacted by a fear mongering sales person, not someone I would consider to be offering credible services. 

Here are a few tools that I think might help you streamline your processes:I’d recommend checking out Bryt Software if you’re looking for something tailored to loan servicing.

It’s 100% bonus depreciation for properties placed into service in 2017-2022, 80% in 2023, 60% in 2024, 40% in 2025, 20% in 2026 and completely phased out in 2027.

I'm looking to not only share my experiences but also offer my services to those who might need them.