My question is, he bought the property outright under his IRA, can he hold a note on the property?

How can he make a second note and then have someone else hold a deed of trust on the same property?

I have a client looking to refi and I could use some help.I hope there are some loan experts here that can help me out, because most loan brokers are not accustomed to working with RE investors.I am trying to determine the following:- Can he get a 30 year loan- Is it possible to get a 30 yr loan outside of Fannie/Freddie- Can he do a cash-out refi based on the appraised value (owned the properties for 2+ years)Here is the situation: Currently owns 7 rental properties in an LLC with portfolio loans through local banks (10 yr fixed on some and 5/20 on others).

We are looking to get the best financing deal, and it is looking like to get the best interest rates and terms, our only option is for my friend / business partner to have the loan solely in his name.Following the loan closing, can he quitlclaim 50% of the house into my name, so that I legally own half of the house?

At first I was like "he is a student of finance, how can he not understand that money lost to expenses does NOT count toward the return on investment?"

How much rent can he afford (most landlords will want to see someone who earns 3 to 3.5 times the rent).

Question: Can he expire his listing and lease option the property to me with my option period starting Jan 1st 2015?

Now to limit his liability can he just use the property management company (which is an LLC) to manage the condos?

"Can he afford the payment?"

But can he retaliate or have the right to evict me or withhold deposit if i address the problem in writing . ultimately I DO AND WOULD LIKE TO SUE for damages and mental anguish.