Lauderdale area and although not new to Real Estate I am new to the Investor side.The site seems very beneficial and I'm looking forward to what I can learn from it and who I can network with.

Im assuming your talking about taking over the payments subject to the exisiting loan.so let me break it down to you....1.sales contract with subject to existing loan clause on it.2.create a land trust conveying the property into the trust and your company or good friend as trustee.3.have seller sign a warranty deed to trustee showing seller still holds 100% beneficial interest.4.have seller sign an assignment of beneficial interest (ABI) naming you the sole beneficiary to the landtrust.5.you would file the "warranty deed" at the county clerks office but hold on to the "ABI" for future use when selling the property DO NOT FILE THE (ABI)!

If you make poor choices, you can get hurt badly.

The latter is the preferred choice now of most investors.

Multiple users who use unique IDs and can therefore be restricted to specific building, etc is important.The vendor said that this is coming later this year.PropertyWareThis was my number 2 choice based on what I read on their site.

Hey Joey,Great choice of a place to live!

You have 2 choices.

Not only do I think it is beneficial for the seller to use escrow but I think it would be better for the buyer as well.

Financing- Hard money- Private lending- Sub2- REOs- How does my choice in business entity impact my ability to obtain financing?

Limited partnerships are not the entity of choice to protect real estate assets.In addition to placing your properties in entities, you should have insurance.Finally, to be successful in the rental business, you certainly should buy each property at a BIG discount.