Maybe not today, but if sold for a nickel on the dollar to a collection company,,it will be a nightmare.Signing off as Jon was suggesting in his post, is safe and removes her from liability.

Alas, I don't think I'll do that again, with SAFE laws now in effect.

However I have seen information online which says that you can now have 10 investment property loans under one name, so I am not sure what is the correct information here.

For anyone to answer, With all that has been said, would it be safe to say that having an LLC in general, would be a good or bad idea for someone just starting out?

Is there no middle ground, ie safe, blue collar neighborhoods?

Many people pay the taxes before the close, so there's no sense wasting a bid on a certificate that my become unavailable right before the close.I've spent a little more time looking at last year's auction results and realized that the top 6 winners, based on amount they purchased, all had bidder numbers in sequential order (except one bidder but I'll explain).When you sign up to participate in these online auctions, they assign you a Bidder Number.

That's what I assumed, I just wanted to be safe and confirm it here.

I don't know how FHA would look at a lease purchase, but keep in mind that you essentially have a contract to purchase, just at a later date.To be safe, I would suggest going with a lease option instead.

If they keep on hearing in the news that there is a gold rush going on in real estate of real estate is the hot new thing to invest in , it will result in more people purchasing properties.Most people have a herd mentality and they want to invest when it is "safe".

I have a small online business that makes around 60.000€ a year... now I what assets!