At least carry liability, unless you're cool with losing everything.

Just saw this topic:http://www.biggerpockets.com/forums/93/topics/75010-will-i-lose-seller-leads-if-iIf you guys think it would be better to answer, you may be right.

Hi,I'm looking to connect and possibly joint venture with any B.C.

I don't know if those numbers make sense or not but if they're realistic, then I have minimized my loses.

In other words, unless the market has improved and values have increased, the most likely scenario is that I'd lose more money by converting to a rental, *UNLESS* I held it as a longer-term rental.2.

-----Agreed, buyers can lose down payment option funds if they can't get financed within the allotted time...and if tenant-buyers wish to place blame outside of themselves and pursue legal action against the other parties involved in the transaction...it wouldn't be the first time.

Good luck with your venture.

Finished installing railing, then ventured into the blizzard for a trip to Home Depot.

We both have full time jobs and this is a new venture just started on the side.So if I understood it right, in case of a multi-member LLC it would make sense to do a loan to the LLC?

It would also give me a "safety net" in case my real estate ventures fail.