But to have this as a Scheme its just not going to fly,As for transferring the asset that's as easy as filing a deed from the one entity to the other.Regardless the mortgage stays in your name until its paid off just because you transfer title does not transfer the mortgage out of your name.What you might want to do is focus your energy on trying to find owner carry back Seller contracts.. those you can do anything you want with and its legal.

These schemes seem to be nothing but ploys to sell you something based on paranioa...

To be honest though in all these years I have only had one house trashed and have had zero evictions so in the grand scheme it has not all been too bad.

If the sole owner(s) of the LLC are living in the property you can have issues, if it's rented, probably not an issue.There is also the catch all aspect in the SAFE Act wrapped in the Dodd-Frank blanket, that the Act will be applicable to any method or scheme devised to avoid compliance with the law.

@Ophelia Nicholson That sounds like a pretty good color scheme.

Actions can usually be brought for 3 years.I suggest you buy notes for the financial interest in the note and not go into predatory schemes trying to turn collateral into a rental property. :)

They are some professional ones out there but few and far between.A lot of them see real estate as a get rich quick scheme with little work involved.

@Joshua Dorkin triple post sapping memory I bet, LOLYou may not contact an owner who has been given notice of foreclosure with suggestions as to curing the foreclosure unless you are an attorney or hold certain licenses, it's a touchy area designed to keep those with schemes out of the process. :)

We buy a fair amount of non-recycled paint and our regular supplier saves any light tone (e.g. off-white) mixing mishaps that can be re-tinted to one of our stock colours ... in fact, they often mix it and set it aside for us.

I was doing more research about related party 1031 transactions frowned upon by the IRS – mainly tax base swapping (sell our relinquished property to a related party or buy a like-kind replacement property from a related party or cash out schemes) This is certainly not our intention because we just want to use the proceed to help their down payment and structure everything according to IRS requirements along with our estate planning.