Another investor (whom I will not name for sake of his privacy and the fact I don't want you vultures near my private lender :mrgreen: ), who was interested in what I was up to pm'd me about what I do and then about becoming a private lender.

@Wendell Early, this guy is National and I know he can't tell us due to privacy issues.  

Please post POC's to this discussion if appropriate, or contact me directly if privacy is preferred.

In addition to the liability protection, I like the privacy that comes with an LLC.

I've even put in new appliances, new privacy fence.

Here in Orange County, CA, you can pull up any property's tax bill, but the owner's name and address will be blanked out due to privacy.

I was told by this member (won’t give his name out of respect/privacy) that this is a bad idea.

Privacy is a nice commodity if you can get it, and that's something that's appreciated by tenants. 

Let present the numbers:Home appraisal $160,000selling price $120,000time frame to be purchase no later then 11/22they are leasing it to me for $100 a month all included untill 11/22 this unit is also next door to my current rental. it is a 3 bed 1 bath, 1400sqft, 2 garage garage, concrete drive way, concrete patio, white vinyl privacy fence, with relatively new windows, flooring, and everything was well taken care of through the years.

Yes you can transfer the property into a land trust if it is for estate planning purposes without violating the due on sale clause, but a land trust offers you no legal protection other than perhaps privacy.