The rent from the rooms came out to $1,600 so my client is coming out of pocket only $600 monthly to cover his living while owning an appreciating asset in a gentrifying area!

There are many red flags here.Your borrower started out in financial trouble and you want to loan him money?

Putting real estate assets into an LLC or trust are all terms I hear about but am wondering if that would be appropriate and/or necessary in this situation to off set any potential liability?

I haven't come across any specific meetups for this or any other niche asset. 

It's not your ideal outcome, but you should come out okay financially, and you'll have learned two important lessons. 1.

Are there creative ways to get involved in real estate investing without a large financial backing?

However, construction and material rates are fairly close across the nation.The only half decent deals I've seen within this sector that make it financially feasible is to find an existing warehouse that could be converted to smaller spaces if possible, which helps cut down on time the property remains unleased.

You may support your retirement dreams and financial objectives by building a profitable and long-lasting real estate portfolio with careful preparation and commitment.Good luck!

If you're around NV, I'd recommend giving a call to South Wind Financial and you can ask to speak to John.

I don't believe that this is a lender that just wants you to default so that they can foreclose and take the property themselves because that doesn't make financial sense for them if the numbers I put at the beginning of this reply were anything close to accurate.