Hey T V!I

Welcome, I have family in VI.

Trada's attorney for Texas is bailing on them, Marin, and other defendants.Looks like bankruptcy for Trada VI so that the limited partners will be on the hook for the amount of their investment.Also appears Boise office closing with their furniture being repo'ed.

@Jeff V. - I too would like to know what lender you are using for a 2nd position HELOC on an investment property, as every lender I ask about getting a HELOC on a rental property with a mortgage and plenty of equity present say NO before I even finish asking the question.J.T.

but usually they name the actual asset.. if its un related to this property then maybe it never becomes an issue vis a vi getting title insurance. 

@Phat Vi you can get a list of properties from the tax office (usually online) and find the owners then call them up.

personal choice most rentals are bought at or above market.. especially if they are out of state investors.5 to 8 years ago the vendors I funded who sold turnkey would advertise instant equity etc.. and that was generally true vis a vi a rate and term refi..

you don't want to turn your primary and its take free equity into a rental .. the tax free sale of a primary is the number one best tax treatment in my mind.. if you want to move on sell it take your money tax free then go shopping for rentals or house hack or whatever.now if there has been no run up in value that creates a tax free situation vis a vi equity.. then probably does not matter

The ones that deal with residential tenancies are listed under Title VI, Chapter 83, Part II.  

@David Tipton  you are absolutely correct on the single member LLC. vis a vi the corp veil.. one reason to have proper G L insurance.. on my 27 homes subdivision I am building in Portland right now.... it cost me 40k for  1 million in coverage for the 10 year warrenty period. and we bought that basically only for cost of defense.I am just about out of the land lording game.. and can only go on my 30 plus years of owning the dog gone things.. and I have never been sued by a tenant.