I had no idea this was the case or I would have pulled out that HELOC prior to doing a QCD on the property and turning it to an LLC.I’ve totally observed what you mentioned about one side of the house, not knowing what’s happening on the other side when it comes to the commercial first residential side of lending. 

So my personal observation is that climate change has been good to Milwaukee, because the winters are milder.When I moved to Milwaukee 15 years ago all my coworkers had snowmobiles and wanted me to buy one so we could ride on the weekend.

can you go 1-2 hours out for a lower price point but retain the ability to be hands on?

I have a list of maybe 15 note buyers and feel that if it's not an absolute deal killer, one will accept that they get the head of the note and my loan is 100% LTV against the tail.If you have to partial first to build a note portfolio that meets minimum loan amounts for lenders, then you have an order of operations problemThe only thing I can think of here is to write in the partial sale terms that I have the right to take a loan against up to 50% of the UPB on the note and retain the full right to collateralize it for loan purposes, as if I were the sole principal.

Hello, Steve Schmidt, selling a partial note can be a great way to generate some immediate cash flow while retaining ownership of the remaining note balance.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Based on the 1% rule, this doesn’t seem to make sense.However, the city and area we live in retain property value because of the schools, community, and location.

The simplest answer is that it's an asset that retains its value even during inflation periods.

You don't pay those directly - they are retained by the OTA, but your revenue includes those (the Host fee's, not the guest fee's).  

- **Income Stream**: Discuss how seller financing can provide him with a steady income stream while still retaining ownership of the property until the loan is paid off