You have to calculate how many deals you would need to purchase each year to make it worth it.

I think that in itself is worth it.

And any "legacy" syndicator with a track record dating back to 2011 or sooner, is only just now seeing their first real headwind.  

Most hard money lenders have a deed in lieu of foreclosure and just have to go to city hall to record the deed .

Apparently this Master Plumber on record for the co had used the cos ins info and name to pull permits for my job but he didnt really do the job thru the co he worked for.

If you’re worth less than a few hundred thousand and just getting started.

Is it worth putting this much down if I am planning to pull it out in 1-2 years and put on another property?

That may be worth looking into as well.Congrats on placing the offer and getting started!

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

@Judy P. all warranties like this are not worth the money.