Be sure you are comfortable with the math and know exactly how much you should be getting depending on how the property performs at different levels.  

While under contract, we perform due diligence and there will be some soft costs incurred. 

K1s show your share of income or losses from the partnership, and you include it on your respective personal tax returns.Now, to your partners.

Since the original loan was apparently for a primary residence an LLC could never qualify because it isn't a person who would owner occupy the property. 2.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

@Jason Lopez You don’t need an LLC to rent out a house in San Antonio, TX, but it can provide liability protection by separating your personal assets from your rental property.

I personally like radiators, especially steam because the heating system is simple!

If it crashes hard enough, it impacts your personal finances, your relationships, and even your mental/physical health.With the exceptions of politicians and so-called charities, building wealth typically requires sacrifice and time.

Myself personally I'm invested in Buffalo and NYC, but that's because it made sense for *me*. 

That is just what I am seeing personally, and I work with investors all over the country.