“We have heard definitively from experts, and from those directly impacted, that evictions are the leading cause of homelessness in Washington State,” said Sen.

Your potential tax implications and credit impact should remain the same as you are the borrower on the loan.

The downside is no liability protection but you may want to get a liability insurance to cover all 4 of you if you choose that route.The impact on taxes will be the same either way as an LLC is a pass-through entity.

There could be no legal restriction yet there might be a tax or liability impact.

@Aidan Mulligan Sorry no notification that any body replied.

Out of all these comments know body mentioned Worcester, the second biggest city in New England!!

I wanted the real estate community and industry that has been so good to me over the years ..I wanted to get a vehicle were we can make a direct impact on a hero's life.. without all the overhead most charities need to survive this is just a group of Real estate lifers giving back we are all donating our time and we put in the first 10k..

., never would i have thought that the "corroded Driveway"or "drainage" would impact me.

I think most people's hang up with it is that a wholesaler has no fiduciary responsibility to anyone in the transaction and there is no governing body out there making sure wholesalers aren't operating like complete scum bags.

If rents (minus a 5% vacancy) still cover your PITI expenses, then the loan would be approved (obviously with a bigger impact to your overall cash flow).