Am I not understanding this correctly?

Im alsocassuming I have no further liability once I transfer ownership of the llc, is that correct?

We've got a ticket for it, and should have it corrected next week.

You're living there, correct?

I can tell you multifamily is a contact sport and you will be eaten alive very quickly if you do not purchase correctly and plan your exit properly.Banks and sellers do not care you overpaid when you purchase from them and are glad to dump it on you.

Robert Pickles,I'm happy to see you want to do things the correct way; however, I would not recommend taking ANY advice from those individuals.

5-10% monthly is probably correct.

The part in this quote needs to be corrected slightly - you want to get the agreement for deletion in writing BEFORE you actually make the payment, so that after you've paid and it isn't removed you have that written agreement as your evidence against the creditor.

So last app. we said I was in property management and it went through very easly. just food for thought

The first signficant date is 180 days, and everything under 180 days (regardless of whether it's under or over 90 days) will face the exact same restrictions as far as FHA is concerned.This is correct.