Hi Bret - Ownership of mortgage loans are transferred using an assignment of mortgage (or deed of trust).

One of my questions is: What types of things can I do with this money which involves real estate / property ownership?

It protects your personal assets from suits related to the "business," but if you are sued personally (say wrongful death related to a car accident) isn't your ownership of the LLC (or multiple LLCs) a vulnerable asset?

When filling out the deed do I put that I am transfering 50% ownership or is that put down when we record.

It's simply why he thinks RE is the singles greatest investment you can make even if it is just through home ownership.

Hi once again.For the complete information of everybody (particularly to biggerpro and flipper), I have provided hereunder the conditions governing the right to own real estate (land and all buildings annexed to the land and all interests thereon) in the Philippines as defined by our Constitution and other pertinent statutes :1.Only Filipino citizens and corporations and partnerships at least 60% of the capital of which is owned by Filipinos are entitled to acquire and own land in the Philippines.2.As exemption to the general rule, foreign acquisition of real estate in the Philippines is allowed in the following cases:2.1Foreigners who acquired land before the effectivity of the 1935 Constitution may retain ownership of such land.2.2Foreigners may acquire land in the Philippines if the acquisition is by hereditary succession, provided they are legal heirs.2.3Foreigners may own not more than 40% of the total number of units in a condominium corporation.2.4Under BP 185, a natural born Filipino who became an alien can acquire not more than 1000 square meter urban land and not more than 1 hectare (10,000 square meters) rural land.3.A Filipina who marries a foreigner retains her Philippine citizenship (unless by her act of omission she is deemed under the law to have renounced her Philippine citizenship) and may therefore acquire landin the Philippines.4.Former Filipino citizens can retain ownership of the property acquired at the time of their Philippine citizenship.

That's also why you have liability coverage during that ownership period, which covers you during that insured term and forever as well as any current policy you may have.I'd talk to a RE attorney as to the assessment of any risk in reality, I've never heard of a homeowner being sued 10 years later for any of those issues.Can they prove that mold existed prior to or on the day of sale?

Allodial title means ownership of land where no one else has any superior rights.

Is it more of a rental or ownership area?

If you're using the term "wrap" generically then you may be thinking of a land contract where ownership is retained by the seller until the contract is satisfied.You will need an attorney and will probably need a RMLO (registered mortgage loan originator) if the buyer is going to occupy the house.