If the agreement shows "Joint and Several Liability", they all guarantors can be held accountable for the full extent of the debt, not just their portion.

I have a HI rental property that would be better to sell and buy something newer.  Association fees are getting out of hand.  Unfortunately, I now live in Japan and it seems like selling the HI property will attract J...

If you have the cash and the credit and the deal scenario works (meaning the project cost is less than 75% of the ARV) then you should get 80% - 85% of the purchase, 100% rehab held in escrow, at about 2 points with like a 1500 service fee.

The property is held in a living trust, could I add my LLC as a beneficiary to the trust as to not trigger due on sale?

They also said they held 2/year but it’s been about 15 months and I haven’t seen notice of another meetup.

The key is finding quality notes that are held by folks that are motivated to sell because they need cash.

If there are fee's due up front then they have to go to Escrow to be held and only dispersed upon a successful settlement.. the way to start with limited funds is to find a partner that is close to you or you find at a local meet up that will be your cash partner.. for context..

I understand the the pros and cons of holding a property in an LLC - better asset protection should there be a lawsuit but also can be more difficult to get financing.I'm just wondering if there is anyone here who is on the other side of things and have held your apartment building in your name? 

I would also consider in finding a polite way to inform her that if for any reason, the tenant defaults on payments, that she will also be held responsible for any un-paid rents.

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