Also, I previously bundled 3 duplexes from individual residential loans to a commercial loan.

Currently, there are five different sets of laws that attempt to define under what circumstances an individual is required to be licensed as an MLO.

@Andrew Jones - They are being sold as "condos" because the owner has legally split the duplex into two individual units (with separate Tax IDs).

Anybody know of good individuals at raising capital in Miami (private placement or otherwise) for a great project in Miami Beach that I have under contract, with great upside potential?

Each person's income and tax scenario is different and you should consult with a competent CPA to discuss your individual situation to get advice tailored for you.

Hi, BPers, could anyone let me know the pros and cons of buying and holding residential properties under a company, versus under individual?

Developers cannot get loans from banks to start building, the individual RE investors cannot get loans to buy finished or pending properties.

I'm an out of town REI (california) looking to find a MF (<20 units of 1br/1ba preferred, doesn't have to be individually metered) in San Antonio, TX!!

Hi - I'm looking for some advice on resolving a SDIRA issue:My Self Directed IRA made a unsecured loan to an individual (not a disqualified party).The borrower is unable to repay the loan according to the terms of the note.

@Xi GuoI wouldn't go into it UNLESS you have an unfair advantage and a long term plan.It is possible to create a haven for honorable people, however you have to stick around long enough to earn a leadership role.This is not a flip and it's not an ATM machine.