.💬 Ask in the right forum – If you’re looking for financial advice, head over to the Finance, Tax, and Legal forum.

Your attorney should also determine if this is legal in the state(s) you’re lending in.

Last question -- how did you combine your land with the home legally?

We know that investing in real estate means building a business that incorporates the right investment strategy, tax & legal plan, financing, retirement planning, insurance & estate planning. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

As I have 'bought back my time' for the most part, I can start volunteering.

Wise lenders have borrowers sign legal agreements and have them provide collateral that is worth more than the amount of the loan in case the borrower doesn't make the promised payments on the loan.

Just have your lawyer contact them- they have no legal right to withhold funds or documents, those are your property.

In CA, you are legally required to have a CA LLC if you are "conducting business in CA".

You don't want to get stuck with negative cash-flow because you can't find another care facility tenant to rent it.Also, probably want to check with your insurance provider and see if all those tenants who are likely to fall and break a hip are going to be an issue for them, and look into the legality of what happens in the care facility owner dies and you're stuck with 5-8 tenants in the home with no one to care for them and no living descendants.