Presumably, consumers are protected by a law where unlicensed third parties (regardless of equitable interest) are prohbited from advertising for sale properties they don't own or don't have a listing on.

Second, I don't know what resources someone does or does not have and wouldn't presume to guess.

I like that option quite a bit because its interest rate is 25% less than the others and presumably lower fees.

As you articulated in your first post, there is one member of the LLC (presumably you) and one Manager of the LLC (presumably someone else).

Yes this is added to the basis, and was presumably on the HUD.

@Jeff S.In your first example, you presume that a 20 year hold would automatically qualify for long term capital gains treatment.

All in all, not that likely to happen I would presume and the borrowers will have the loan for more like 5, 10 and 15 years.

If a building or residence that I have built or substantially improved myself is sold or leased within 1 year after the construction is complete, the law will presume that I built or substantially improved it for sale or lease, which violates the exemption. 5.

They said they tried to catch up the loan, but given the foreclosure notices, I presume those efforts were insufficient.

I am not local based, I am from China, I presume there is potential good deals in this area with 10% or more ROI.