Let's say my 1st mortgage balance is $600k and I want to take out a 2nd mortgage for $150k for home improvements which makes the interest on the 2nd deductible as well.

I've had to work to get my husband on board with real estate investing too, so I can relate to how frustrating it is to have a vision that your spouse can't quite see - we're now working to close deals 7 and 8 and have found a good balance.

So a week ago or so they gave me a website to check my balance, status, etc.

We are now seeking advice on how to protect our assets while owning the properties in our own names, without incurring excessive costs that could lead to negative cash flow.We are open to exploring creative solutions that strike a balance between asset protection and financial stability.

Setting up an LLC in a state with LLC anonymity is great for protecting your privacy; however, privacy is really the only additional thing you are achieving.

If you're wanting to create a fund that brings in private investor capital to use to create and hold mortgages, meaning holding them as assets on your balance sheet, that's a different beast. 

Loan to _______________________________________ Balance $____________________________ Interest rate: _________ %, Monthly Payment $___________________ Loan Number _____________ Date last payment made____________________________ Loan current through _________________B.

This is a good checks-and-balances system to confirm info. 

@Seo Hui Han who pays & manages the onsite staff, is up to the owner.Some want to do it themselves, for check & balance, some want PMC to do, so they can be more hands off.

I consider myself somewhere between novice and intermediate, and the program has helped me set and achieve concrete goals.The most priceless aspect of the program is the community.