I told him that I would transfer him the LLC for $15k down, let him assume the mortgage on the property and hold a 2nd mortgage against the property for the rest of my profit.Question: I have never transfered an LLC before and am wondering if all I have to do is Amend the Articles of Organization with the State of Florida.

This may be difficult in this lending market as your end buyer could have seasoning issues which is an entirely new topic discussed here on BP due to the new lending market guidelines or hinderances as they are.Here is another thread on this topic:http://biggerpockets.com/forums/49/topics/24285

I wrote an article about Accelerated Deductions and Depreciation Recapture - it was published in Invest Magazine in November.

In fact, the author recommends group investing for newbies, especially in commercial real estate.Commercial Real Estate for the Small Investor by Nicholas Mastershttp://www.biggerpockets.com/forums/79/topics/27136-commercial-real-estate-for-the-small-investor?

Bumping this topic...What's in your lease?

LOL Tom - Me and my big mouth are here don't worry....Hey Josh you know what I think you should do is have the monitor this topic always default to on even if you dont start the topic.

I'd love to hear some feedback on this topic.

This website is an excellent place to learn and discuss different topics related to real estate.

Maybe you already know this, but I'm slow.. Go to theradio.com. Click in ANY song recorded and it will play by multiple people that sung it. OR, pick a genre like 60's or country by decade. Amazing. Lots of fun while ...

Im sure this topic has been gone over a million times but i just finished my classes and wasnt sure if going and becoming a real estate agent would be good or not since im mostly just wanting to get into buying and renting out although being an agent would give another source of income i didnt know how much it affects people wanting to rent from you since you are an agent