We will file to obtain S Corp status to be taxed as a corporation.We will purchase and renovate homes with cash and profit will be paid through dividends to share holders.

Three months later, a couple of them now have owed taxes (on top of the sewer subs) that, as the lien holder, I have the opportunity to pay at an 18% interest rate but do not have the funds to keep up. 

The water meter remains in deed holder's name for a while, but in court, if the City of Toledo tried to fine the Seller, the court would need to look at the contract which is basically a purchase agreement (I know, I know--the Housing Court in Toledo is very anti-landlord).  

If property is worth $100k and you bump the price up to $120k that typically will not get the note holder more $If you want to increase the value of the note the way to do it is increase the rate.

Intention is to have a parent holding LLC with subsidiary LLCs to hold assets, form joint ventures and possibly one as a holder of interests in foreign entities (we may do some investing in South America too).My wife/partner is a foreign national in the US and does not have any US based documentation (no Tax ID, no Green Card, no SSN, etc) at this stage but we do intend for her to get residency documents in the next couple years.The plan now is to incorporate the LLC(s) beginning in January with myself holding 50% and my foreign national wife holding 50%.  

When you do this you are the 1st lien holder on the note, you get paid before the seller.  

The average credit card holder has $29,197 in credit lines, with an average balance of $5,720.... or about 20% usage.3.

Your lease should require your tenants to hold general liability insurance on their renters policy at a reasonable coverage amount, and they should name you as a certificate holder.  

.— (a) A person may not operate as a broker or sales associate without being the holder of a valid and current active license therefor.

Hi @Amir B.I've been a buy and holder in the Oak Park area since 2002 and between 2005 - 2008, I worked full time to help the neighborhood turn around.