Now you can refi conventional later and get rid of the PMI but you will probably need 20% down which kind of defeats the purpose.

I saw a link to KCIG.org and considered it for networking purposes.

I own a three unit building with a partner and a single-family with another partner in the bay area and I have a living trust with my wife for estate planning purposes.

Equity: 41-100% The list will be used for wholesaling purposes.

Instead of a flat decrease in rent amounts for modeling purposes, I look at it in vacant unit months (ie: if duplex, if 1 of the 2 units is vacant) and with the rent decreasing by various percentages.

If it is not properly capitalized and plaintiff's counsel successfully argues that it is just a shell for liability purposes, it will get tossed out.

Awesome, it's a promotion!

For the purpose of, if they screw me I can punch them in the hose?

I don't see why I should need to get this signed by the seller, as they didn't tell me about the taxes, and provide clean title.I have a clause that reads:"Unless otherwise stated herein, or as otherwise provided on an inspection addendum attached hereto, Buyer shall have the option of inspecting or, obtaining at Buyer's expense, inspections to determine the condition of the Property.Seller agrees that in the event Buyer determines in its sole discretion that the Property is not suitable for its purposes, Buyer may withdraw this offer to purchase at any time, and the earnest deposit shall be returned to buyer, upon the sole demand of buyer to the title company."

I'm looking into becoming an agent at some point for our own investing purposes- and have read a lot about the pros and cons here.