Asset protection and voiding of estate taxes even though the estate exemption is enough for the average joe.

The umbrella certainly adds to monthly insurance bill but no quitclaim/LLC//bank calling notes problems and we feel protected.

As many have said - so said my attorney - the docs are to protect the guy controlling the funds because you're disclosing the risks to the investors.

I actually just called the state to verify what my broker told me a few days agostep four: close on propertysteps other: rehab, sell property on the retail market.What my question is, is how does one protect oneself in the event a seller decides that they want to screw you over and sue you for what you made on their property?

Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."

E & O insurance is a topic that elicits two responses: I don't like it, or it's necessary to protect my business interests.

FNMA and Freddie guidelines specifically protect a 6% if stated, but ONLY if the original commission was 6%.

If the muni is aware of property with broken glass or mold or broken stairs or any kind of problem that could cause injury, they have to call it out in order to protect themselves in case of a lawsuit.

What is zoning, public transportation access?

The assignment and partial purchase agreement are recorded at the county seat where the property is located and protects my remaining interest in the note in the event of default or early payoff.Yes, there are risks, you need to be sure your investor will work with you in the event the note goes in default and you have enough the capital in your IRA to fund the foreclose subject to your investors remaining interest.I found this note brokering technique to be an excellent way to direct profits to a tax-deferred or better yet, tax-free account (Roth) with minimal investment of cash from my pension fund.