Hi. I am looking at a foreclosure that has been vacant for a long time. The bank listed is US Bank, but the servicer is Gregory Funding. The only numbers I have been able to find for them lead me to their customer ser...

2) My thought was to start an LLC with myself and my buddy as co-owners with a 50/50 split.

Is it possible to get around an assignment clause by utilizing a LLC as the buyer then selling the interest in the LLC to the end buyer (Cash Buyer) at the closing.

However in my findings and talking with attorneys AB 1482 clearly allows for the owner to serve just cause termination with owner intent to occupy. section (e)(8) is a little confusing reguarding the ownership of the property not being held in a LLC or trust, but as I do not have a LLC it looks like I am able to serve notice to one of the units and move into it which I plan to do.  60 day notice and relocation assistance equal to one months rent. 

Looking for some options to maximize cash out on a refi where the SFH is in owned by an LLC. 

I plan on buying multiple units down the road so should I do an llc or for the first one just put in my name?

Now he wants to use our partnership LLC to do rentals and airbnb and I am having a hard time wrapping my head around how to do it.

I'm interested in purchasing a residential rental property with my LLC.

You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspot cities investors usually consider:https://www.biggerpockets.com/...

This LLC collects the rent and signs the leases, and handles the maintenance requests.