Signing a bunch of docs without reading them is a quite different thing.

There are lot of people in this business who prey on folks who don't quite know all the ins and outs.

Yes, as long as they close in the name of your entity instead of you just quit claiming them into the entity after closing.LLC loans are available from portfolio lenders NOT conventional lenders.

As this crisis unfolds, last night we drove by our waterfront area lined with a dozen restaurants...the valet parking was full and the places looked quite crowded for mid-week.

The tenant is under contract with a person or entity who has no obligation to the lien holder...therefore the situation of the loan in default is irrelevant as long as you aren't going to be forced to break the lease due to an impending auction date.So let's say they pay you for 1 month rent...then decide to quit paying.

I would not quit my job until I have bought and sold at least 5 properties.

Solicit the advice from five more senior members of BP to determine "if" you should do it.I am quite certain that you will get a fairly consistent response.

But sounds like you have quite a few properties, so maybe you're getting commercial loans.If this is a flat area, I think I'd try to get them down some more. 20% isn't much of a discount off market value.

Jean, I'm not quite sure what you're asking.

The first clue should have been when the Fed quite publishing M3 in 2005.