I'm primarily responsible for acquisitions and he's primarily responsible for marketing and sales (he will also deal directly with the contractors on rehabs while I handle the administrative details of the rehab).

You need the property titled in your name to;a. make repairsb. carry out legal matters (such as permits, notices, evictions, law suits)c. insurance requirements and administration of claimsd. tax advantagese. ability to contract for repairsIn other words, to do what the owner will be relieved of except the receipt of the income.First solve the sellers needs.

The lender's position would be taken over by the administrator or executor of his estate or the successor trustee if a trust owns the loan.

I was born and raised in Norway, but traveled to the States some years ago where I completed my Bachelor in Business Administration.

http://news.yahoo.com/s/ap/20090304/ap_on_re_us/asteroid_close_call The GOP leadership put out a statement that this is just another example of the new administration leading us to catastrophe.

Eric works as a mechanic and Samantha is an Administrative Assistant. 

I recommend you work with a team of professionals you trust to help you set up the LLC correctly, to invest and document such transactions accurately in the eyes of the IRS, and finally to set up your IRA with an administrator or custodian that you trust.

Solo 401Ks do not need a third party administrator or custodian.

Prior to that it's been more administrative:  Law Firm Administrator and Administrative Director at a non-profit.There's a lot of great info in my head about credit and it's what I do all day everyday - educate people about credit.  

Do you think the new administration and Congress are improving or hurting the economy?