Mortgage fraud is illegal, if you sign paperwork that states you won't rent back to the previous owner and NOT ALL LENDERS have arms length transaction forms.

I have everything in the LLC name and get 5.5%/20 year arm/no points.

So, it's not in someone's best interest to try and enter into a contract and not have the authority to do so.The safety net will be at closing, as the settlement agent will require them to provide the necessary LLC docs showing they have the authority to act, the deal won't close without it, so you can leave that to your closing agent.

I called local banks and the one I bank with gave me a commercal loan at a 4.25 rate with a 5 year ARM for 15yrs.

Your "guy" falls off the roof and breaks his arm and leg, hurts his back and he's laid up.

And that is if you even have a spouse :)You are going to have to use a local bank lender offering 5-7 yr balloons or 5/1 ARMs going forward, as this is the course most take for growing their rental portfolio these days, as well as the use of private lenders, owner financing, and sub-to deals.

It can be for their own safety, as a friend of mine came home to find his chocolate lab chewing through a lamp cord (luckily, unplugged).

Brad is a good guy and he knows his stuff I know him from our local ACRE meetings, I however am not a big fan of paying money for items most people can find for free online like leases and other investor documents.I have not looked at or used his materials, I guess it would depend on the what you wanted to accomplish and if you need some legal help then his materials would be cheaper then using his services most likely.It seems like everyone is coming out with their own systems and charging an arm and a leg for them, I heard the flip this house guys were asking for $50k for their system so $99 might be a bargain.If you find a good agent that knows what they are doing with investments most of the things you will learn they will help you with as part of their commission like finding the right property.

The system I purchased comes with a keyless remote to dearm and arm the system.

1st off – I’m not able to provide legal adviceI would suggest contacting a local investor friendly attorney Maybe asked some general questions via WRA ( Wisconsin Realtor Association Education Providers )I really mean general / basic questions Just some recommendations~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Offer to Purchaseland contractWRA works with the DSPS on all revisions and approved formsDepartment of Safety and Professional Services aka DSPSContact your local REI groupWB-11 Residential Offer To PurchaseSB-11 Land ContractAfter many hours of studying I would also suggest contacting a local investor friendly Real Estate Agent Good luck