Is the apartment building owned by a large corporation.

Downtown is a good landing spot for wedding parties, corporate groups, families during the holidays, events, etc.

I don’t know how many BP members own properties but I would assume thousands of members own 10’s of thousands of units.Yes I understand people buying 50-100-500 unit buildings need corporate protection.

The same can be done with C corporations through distribution of different classes of stock, but this is much more complicated.  

Does that include covering your (future) retirement needs, health care costs, all other corporate benefits?

Originally posted by :We each put 50k into this business, got a corporate CC and LOC for a combined total of 28k and went to work.  

Yes, one of the big advantages that DSCR Loans have over conventional is that they are LLC-friendly and even friendly towards other entity types like corporations, partnerships, TIC or even most types of trusts! 

It should also be noted that there is often a difference between the borrower and the guarantor.If the loan is made to an entity (LLC, corporation, trust, etc.)

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

I just have never heard of this kind of experience and am wondering if others have run into any debacle like this. title company checks normally dont get held I know mine never do.. last year when first american got hacked I had closed a deal and had a nice size proceed wire due and it took 6 or 7 days for FATCO to get the wire out to me..