Regarding the ownership of of gold and silver coins, be careful as there have been many scams which prey on those who seek them.

We can take the profit, have a great vacation in the destination of our choice, and not have to deal with property managers and ownership headaches.

Because a tenant has a leasehold interest in a property and repairs and improvements are a cost of ownership.

Be aware, that a recourse loan will require guarantees from all members of the company with 10% or more ownership interest in the company to guarantee the loan.

Larry K. were you able to use a new appraisal after only a few months ownership?

Leveraging debt is free and great as long as you don't over leverage and lose your short lolSince we do rentals I look at the solvency of my potential tenants, the availability, long term growth of my market, rental priced and if the market will turn for the worse to be total ownership.

However not having a clear chain of ownership could cost you your investment as you may not be able to collect or give the loan back to the seller for you money back.I have traded, owned and dispositioned many whole loans and I personally believe they are good investments if you understand what you are doing.

Here's what you're looking for - R 339.22319 rule 319 1(a) Article 25 of P.A. 299 of 1980 as amended:R 339.22319 Licensure required for owner of real estate engagingin sale as principal vocation; acts constituting principal vocation;sale of real estate owned by broker or associate broker; licensee toreveal ownership or interest when selling property licensee owns orhas interest in.Rule 319. (1) Licensure as a real estate broker is required of anowner of real estate who engages in the sale of real estate as a principalvocation, unless the owner engages the services of a real estate broker.Acts constituting a principal vocation include any of the following:(a) Engaging in more than 5 real estate sales in any 12-month period.

In other words, he can trash your credit later on even though you may no longer have an ownership interest in the property.

And everyone rolls the ball saying this person owns, this one owns and yet no one has proven ownership?