I know some people who did this.The ones smart enough to figure out this strategy are also usually smart enough to know how to hide their paper assets.  

I did have them sign a formal lease and have a separate work agreement, which is seeming to be smart at this point.      

Great job Lisa, Smart , Good luck on your next deal as well.

I think your mortgage broker sounds like a smart person, but the tolerance of risk is up to you.

You could just build to what you need and then live smart and never have to work again unless you want to.

He doesn't know if it's been done before but suggested I try (for too many reasons to state while typing on my smart phone) before starting the court process.Hence my question: Has anyone on BP been successful at obtaining a Quit Claim Deed from Freddie Mac and/or Fannie Mae?

Either of your ideas are smart, so there is no disadvantage of either.

The tax shelter we all love called depreciation has no benefit inside the retirement account.I think it's smart to lend, wholesale, and flip with your retirement accounts.  

s largest industry, beating out other areas such as tourism and natural resources.Eric Tang, one of the condo customers, said he's looking to downsize, but also wants to make a smart financial move.When asked if he thinks condos are a good investment, he glanced at the line and said, "I hope so.

(These are all commercial loans, made out to LLC or Corp)Drake Bank (Used to work with Jeff Carter)Home Federal Bank ( Jason Madson, awesome banker, if the loan over 0.5M will take longer)Granite Community Bank (Jake, president's son, smart guy, low origination fees)Round Bank (Andy Klassen, low origination charges)Bridgewater Bank (Tom Johnson, the fastest banker that I love, my favorite, higher than normal origination charges though, 2.5 weeks to close a deal for him, have been working with Tom since 2006)Merchant Bank (sucked in 2007 at the day of closing they backed out of the deal, didn't follow their commitment and instead of financing 380k for me at closing financed only 120k, I had to borrow money from somebody else at a very high rate, just to keep my word).The funny thing is that the banker from Merchant Bank was my instructor at the University of St Thomas grad school, teaching me a banking class next year when she screwed me over the deal :)I know Jeff Carter from Merchants, he used to work at Drake Bank and financed many of my deals, and then moved to Merchants.