You "dutch auction" their loan to your pool and give them the opportunity to shop the debt on their own.

Not many super bargains to be found.I think the market for flippers is pretty good if you want major projects and mold elimination.

Will building a real estate porfolio of positive cash flowing properties lower my debt to income ratio?

Using debt makes everything harder because you have a lender to please too.

:mrgreen: Seriously, in the current climate, I am more inclined to leverage my cash than pay off debt.

I'm not sure about other states (although I imagine they're similar), this is what California law states regarding the members and managers of an LLC:California Corporations Code Section 17158(a) No person who is a manager or officer or both a manager and officer of a limited liability company shall be personally liable under any judgment of a court, or in any other manner, for any debt, obligation, or liability of the limited liability company, whether that liability or obligation arises in contract, tort, or otherwise, solely by reason of being a manager or officer or both a manager and officer of the limited liability company.

We use Docusign and have gone nearly paperless. www.docusign.com This also eliminates missing initials or sending the document around to a series of people.

Over leverage is taking out too much equity and not be able to cover the debt service or have enough reserves for their investment to ride the ups and downs.

If the owner won't budge and you have another property you might consider putting some of the debt on that one.

This is a cash deal, so there's no debt service.