You claim is therefore subject-to the lender's claim on the title.

Otherwise, a claim may be denied.Thats's not the same as legal protection.

The more you go to the meetings, the more you'll get to know the regulars and the more comfortable you'll be.

Usual process for purchases is to buy the property yourself, with the mortgage in your name, and then quit claim the property to the LLC.

Im working as a server.. just started as i just moved here.. but they wont even allow me to claim tips on mortgage apps till ive been there for like 2 years and thats just not realistic for me.. dont know where to go from here!?

If you act like you and the LLC are the same then a judge will not be happen when you claim that the LLC should be sued but not you as an individual.

I'm in the early stages now but the seller claims $40,000 is arv.

I would make the deal contigent upon inspection of the actual documents to verify the claimed expenses vs. rent.And like I said before, your bottom line is yours.

Also, when they stop paying the rent, they sometimes sue you claiming that you tricked them and stole their house - NOT GOOD!

There are a number of investors on this site who do this regularly would could give more specific advise.Good Luck,Jason