As the LLC builds up cash it starts to have substance so more conventional lenders will consider lending to it.Also note that many lenders who do lend to an LLC figure that as the LLC is a company the loans should be made on commercial terms.

Nothing else under $251k but undevelopable land.TIC, for those unaware, is Tennancy In Common, which is more or less a dangerous way to put multiple unrelated parties on one mortgage.

Thanks John - it looks like he was using the site soley to promote his vacation properties . . . all sell and little to no substance.

basically my problems with the course were 1) by far my main and only real issue of why i'm here - promises of course material not backed. 2) course material lacking in substance for price more of what you'd find in a $250 dollar course or for free on this site/youtube. 

The house went from something dangerous and ugly to the nicest house on the block hands down.

If you are going it alone without the knowledge that is very dangerous.

Then selling your old primary tax free and moving into the property with deferred tax so that it stays deferred while the sale of your primary is tax free.Thank you for giving me a substance reply and not something like "you should consult a professional" :) You make some very good points.

The danger is that once someone files a lawsuit against you it will be too late, since you cannot restructure a business/company after a lawsuit has been filed against you.

If you're buying a property through escrow, there's little danger that you'd be buying an underwater property.

That is an awesome opportunity to take advantage of, but also could be dangerous if you are not careful.