Texas offers a diverse real estate market, from the tech-heavy Austin area to the sprawling suburbs of Dallas and the oil-rich Houston market.

-STANDARD SALE- 7,000 sqft lot just south of Ventura blvd in prime Sherman Oaks is ideal for development or remodel and add sqft The charming home is within close walking distance to some of the best restaurants this area has to offer.

If you get a higher income tenant (e.g engineer, tech worker, doctor, RN, etc) you may be able mitigate some risk.

Depending on the lender, you can/should tell them upfront so they can document the LLC in the file so you are sure not to have a due upon sale clause triggered when/if you do transfer into your LLC. #2.

I have a written office policy manual that explicitly permits my employees and sales agents to carry at their discretion.

The senior tax lien forecloses and the proceeds from the sale would first go to them to pay them off, then would go to you as the junior lien holder etc. 

Purchase price: $55,000 Cash invested: $60,000 Sale price: $245,000 Property is on the market right now.

I've been waiting for this property to come up for sale.

Your intermediary must be in place prior to the closing of the sale to provide the proper documentation.

When I added all this up, it was going to cost $150k in a neighborhood where sales comps trade for $100k per unit.