Please let me know if you would like to meet-up in person and I can help process some options for you. 

The person I spoke to didn’t want to give me her husband’s name who is on the lease because they’re getting divorced.  2. lived in a duplex that changed ownership, I called them and sent a verification form over.

Maybe you can personally inject the $89,000 into the project even though it is not in the budget.

As teachers part of our philosophy of education is that while we are the teacher to our students we always take our place as students first learning from our students and anyone willing to share new knowledge — we don’t know what we don’t know so we remain curious, hungry as life long learners.

I have so many people who bought a parcel at tax sale, so thrilled with the deal they got and then when they bring it to me, I usually find development constraints that make it clear why the last person abandoned it. 

If they owed $200k they’d still have to personally buy at least $500k.

I have a decent salary, excellent credit score, no personal debt, no personal mortgage.

In our previous example of $4k net monthly income the disbursement would be as follows: $4,000 Net income$1388 principal loan repayment to majority partner $1305 (50% of $2612) to majority partner$652 (25% of $1305) to each minority partnerAs your parents, they might not require or care about the same rate of return, or a return at all (except the equity position) especially if they're planning on utilizing the property for personal time.

Hi Kenny-Great question about whether you should put a house you plan to live in and rent out parts to others in an LLC.Certainly putting it in an LLC would help with asset protection and limiting personal liability.However, you may lose the ability to claim the part of the house you live in as homesteaded tax rather than the higher non-homestead investment property tax for the entire property in an LLC.

I have a vacant house a couple doors down from my personal home, in Texas.