I just read a blog post about offering in a Freddie Mac REO, and it said asset manager wouldn’t consider an offer less than 12% off.

So then I get a call from an electrical contractor stating that the unit next door is having some issues with their power and they have located that the problem is under my deck, and they will need to remove boards, dig it up, and do a repair.However, a couple of small twists in the story make me nervous.One is that apparently the homeowners are responsible for the maintenance of the power line from from the transformer, so it’s not the association with deeper pockets who is on the hook, its the nieghbor .

One of our originators wrote an article about this a few weeks back on this exact topic. https://www.corevestfinance.com/commercially-structured-loans-for-real-estate-investors/"To reset this limit, blanket mortgages wrap all of an investor’s residential assets into one commercial loan that will be held in an LLC vs. 10 or more different residential loans – thereby wiping the 10-count from their personal credit report and setting it back to zero.

If for liability shielding from personal assets, then they need to work with lenders who will do LLC loans.

So, yea I don't actually have a cash flowing property yet, but I have zero doubt that this will be great asset when the work is complete and a tenant is in place. 

With a background in digital marketing, branding, and technology I am currently serving the a co-founder & COO to an event based social platform.

Asset Protection is not just about preventing liabilities A true asset protection plan involves protecting you from the Big 4 wealth destroyers: 1.

Can anyone recommend an asset based lender who has short seasoning periods on cash-out-refis?

he seems to have some complex strategies for asset protection and taxes. 

@Tito Burgos I would argue if you use the money on a buy and hold, and buy right, you will be about refinance into long term money with a bank and take your Monday to many more deals.. it seems like that’s called BRRR on this site.This will leave you with your original cash and an asset that is producing cash flow every month.