We sold one property this year where we wrapped the 4% mortgage note into a 10% note and as a result are enjoying a 17% annual ROI for a minimum of 2 years and possibly as long as 10 years if the borrower/buyer does not pay us off early.After 40+ years of real estate investing, in many different markets across the country during many different economic climates, both in residential and (primarily) in commercial, I can tell you that hard and fast “rules” should be constantly evaluated to see if they are limiting the opportunity to “jump start” your wealth building.   

Definitely get a title company/closing attorney involved. 

The Holding company will be the "Member/Owner" of the 3 LLCs (2 property holding LLCs, and the new Property Management Company LLC).The purpose for this then would be that I would really only need to manage "books" on the property Management LLC, and because the Holding company was the owner of all 3 of these LLCs, I could use the property Management LLC to pay all of the bills, collect the rent, maintenance etc. 

When we were done at the notary and finished the purchase, we were able to obtain the license and start the works (it was a big commercial old furniture shop where we created 14 tourist apartments). 

And return to investor apr was 23.3 % I made the rest. this deal start to finish was 88 days.. average though is closer o 120 to 140 of course. 

Here, you are really a salesperson representing his company, with knowledge of his terms and other lending criteria that he somehow convinced you to pay for.

I'm just starting out renting our home to short term (3 months) renters while we're out of state on work assignments.

However one day i got an email from an exotic car company located 150 miles away.  

The Nordstrom family is making a renewed effort to take their iconic department store chain private, marking their second attempt since 2017. Teaming up with Mexican retail giant El Puerto de Liverpool, the family has...

Only issue is that we are having a hard time finding a title company that is willing to issue title.