Answering my own question, you have to search for the cancellation of the security deed.

Don’t let the tenant have a little Social security or part time job income…that makes these amounts even more!

It does not.Here is the complete, relevant statute (as amended):"Real estate broker" means any individual or business entity, including a partnership, association, corporation, or limited liability company, who, for compensation or valuable consideration, (i) sells or offers for sale, buys or offers to buy, or negotiates the purchase or sale or exchange of real estate, including units or interest in condominiums, cooperative interest as defined in § 55.1-2100, or time-shares in a time-share program even though they may be deemed to be securities or (ii) leases or offers to lease, or rents or offers for rent, any real estate or the improvements thereon for others, or (iii) sells or offers to sell, buys or offers to buy, or negotiates or otherwise deals in real estate contracts, including assignable contracts, on two or more occasions in any 12-month period.The newest language (in italics) refers to individuals or entities who DEAL IN REAL ESTATE CONTRACTS. 

You have to talk with your mortgage providers to see if they are allowing you to move them to an LLC.In rental is good to have an LLC for liability however for taxes there isn't a big difference in small investments.Your credit report won't show the mortgage anymore but you still have the liability in your history.

In these cases, I typically close on the first appointment provided the seller is ready to hit the market and we've agreed on terms.Urgency:- If a seller is ready to sell asap and NEEDS to liquidate the asset I would go for the close then and there as long as we're on the same page regarding pricing, commission and other terms.- If a seller has a flexible timeline or is 'not in a rush', I play it by ear & I play it cool...

Hi Everyone, I was under contract for a property but I didn't qualify for financing because the lender that provided the preapproval changed its financing source while I was looking for properties for a couple of weeks and as of now, they do not provide loans for foreign nationals anymore. 

The dream of secure a financial future by trusting traders.

I did enquiry with some insurance company but lot of not providing insurance to rental house. 

hello, we are currently looking at a property we love that fits our needs for our future "forever" home. we are looking to get a land loan until we are ready for construction. figuring 3-5 years. has anyone done this that can provide some advice?

I can invest my own funds and can secure a small amount of extra funding through friends and family.You're right, I'll just start underwriting the deals and making offers to learn.