If you hide something and it comes up during the loan process (and trust me, we will find out about it), it will jeopardize the loan.Hope this is helpful.

It has always been my understanding that these laws are meant to dissuade out of state investors who don't take care of their properties and hide behind the anonymity of an LLC.

., Real Estate Professionals > Bankers, Lenders and Mortgage Brokers).I posted the same request on that forum and would like to delete/hide this one.

The CO request may be misguided, but everything else is standard, and your contractor is either hiding something, or is a bit of an idiot.

A landlord review system or website would help consumers/tenants look up the experiences from past tenants with these types of landlords and help prevent them in the future. although I guess the landlord could easily hide behind new LLC etc but at least it would help some.

Once an LLC has a charging order against it, or foreclosure on a members interest, it’s just a matter of more legalities to get to series LLC in its path and the owner there is no hiding, and more cost to the defendant landlord/owner attorney they like.

They are only used for hiding a owners identity but do not actually accomplish even that.

Hmm hide expense....Real estate debt creates power. 

You may also not get access inside the house for a complete inspection, and we all know photos can hide some issues.If the house needs exterior, interior, and all mechanicals, it could cost $150,000 or more to renovate.

They are hiding the real evaluation/analysis numbers ($$$$)....and that 2% yearly appreciating you mentioned, happens the same if you put 100% down or 0% down.