You are saying that if I hold a loan in my LLC's name and personally guarantee it, nothing will show up on my personal credit report as long as I stay current?

HaHa...For the most part it stays rented out every month.

Yes, the loan will stay on the seller's credit.

However I would like to stay away from single family as they seem harder and more costly to manage.Thanks again for all the wonderful posts and help you folks provide every poster.

Wasnt sure if they were another Amereco ( which was told by several people to stay from?

My reaction will be to simply continue to run our business with speed, agility and adaptability.

hi allvadimyou need to ask to make me a collegue and I will send you thru what we are looking at doing and we can look at your property no problemcross wind very interesting as we are looking at nearly the same except we are using llc in each state and the structure is very similar we have been working on it for about 3 weeks now and its as close to our structures we have here and I think it can work hi tim I am learning your banking structures but it seems to be very similar if not the same as ours and yes we do commercial funding or borrowing here so we understand the type of loan system we want to doand what you call pool loans we call syndicated or umberella loans between lenders so the loans stay in place just a larger bank sits at the top and pools all the different bank loans together under its bannerI am trying at this stage to find out the credit unions and the smaller banks lending criteria mainly for refinance not for purchasehere we have very different lending criteria for refi as against purchasewe do % of purchase price or val which ever is the lesser which is the same therewe have a higher % for a refi and that seems the same therewant I am trying to find out an this will be different for different lendershow long from purchase can you refihere for resi its 6 months but for comm its straight awaywe are looking at 60 to 70% lvr or what you call lvt.

Couldn't handle the rain anymore so moved to Sedona AZ.My son lives in Eugene and creates awesome custom property fliers and web site graphics for Realtors he said he has stayed fairly busy.

Was planning on building this unit using modular to keep costs down.Trying to stay away from banks at this point as I have grown tired of their lending practices and requirements.Are there other ways of financing this type of deal?

They stay up till Monday morning...