This way there is no title insurance or the protections that title insurance provides.If you go this route, you can not refinance or sell the property until you clear the title.

If I was you I would start at a financial institution to see how much you can get approved for. 

You could tie it up with a standard contract amended to include "outs" for you on interest rate changes and property appraising at a certain level and changes in your personal financial situation.

I agree to pay the lawyer, I may be biased, but if you want LLC protection, you should pay to play.

I will say I could see major perks in not having to deal with or hear about tenant drama, or waiting to hear if a recent hurricane tore up any of your houses (like I am right now), but there are big financial benefits to it if you're willing to deal with all that.

For me, it improves the houses value, gives me peace of mind, and offers protection in any lawsuits.If you are interested in installing cameras for your property around the New York area please let me know.  

Unfortunately POL pre-funds all of their loans and then gets paid back every penny from selling those loans back to us investors this they have NO financial incentive to get us back out money because they have already been laid back from us investors!

For me, it improves the houses value, gives me peace of mind, and offers protection in any lawsuits.If you are interested in installing cameras for your property around the New York area please let me know.

Me and my partner are thinking on opening an LLC, buy SFR with hard money and refi after rehab is done, but not sure if we will be able to obtain financials through commercial loan.

The plan is to sell the house, pay back all my dad's financial input, and then my aunt and I will split the remainder 90/10.