You want to buy a $100k property. - You pay closing costs with cash- You need $100k in crypto as collateral- You get a mortgage on the property for $100k with a lien ON THE PROPERTY.

I want to clarify that I made a mistake regarding the Skyloft property.

Hello i bought a house for 75000$ and can get a loan on it for 155,000$  My question is hypothetically if i were to only get a 20,000 Loan From the 155,000$ loan and never pay it would they foreclose on my property and i would loose it for not paying the 20,000 Loan?

I am essentially in the property for nothing besides closing costs as the land appraised at $45k.

You want to know of any & all problems before spending any additional funds on the property!

I ask to take a walk through and document the current condition as my agreement states they can not damage the property during this process. and of course don't give them anything until you have walked through verified they are out and have voluntarily handed over keys. 

In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

You do not need a separate LLC for each property or a series LLC!

Consider an installment sale if financing is an issue.This post does not create a CPA-Client relationship.