While a bank might not object to a subject to deal, I guarantee you the HML will.

I am not sure about the recourse questions, I signed a personal guarantee but I dont have anything for them to take so not worried about it.

It's better if you can get Section 8, since you can at least get guaranteed rent that way.

I guarantee you it will cost NO LESS than $50,000.00 to start a good defense...If you are gonna flip in NC... please do not call me to close, I will not do it

If you're an old RE operator and doing this, you're just unethical as you should know better.I guarantee you, that as your tactics are uncovered in your community and with Realtors, HUD, fannie, banks, etc. you'll be on the quiet black list, HUD can bar you from doing business with them!

If the note is in the business name solely, you have no liability, though very few lenders are going to lend to a business without a personal guarantee.

But because the prices are so high silver is the next best thing I guarantee you will start to see we buy silver signs soon.

The author makes no claims or guarantees regarding the above.

That is all they cared about before the Corporation and owner signed all the docs along with personal guarantees.

But, I've never heard of a major lender moving the mortgage into the name of just one of the co-borrowers after the papers were signed, regardless of who's paying.Think about it from their perspective -- if they have multiple people on the mortgage (more guarantee that they'll get payment from SOMEONE), why would they voluntarily choose to incur more risk by taking some of them off?