It sounds as though J Scott obtained one as well but it doesn't guarantee repayment if they declare no assets.Is declaration actually investigated or just word of mouth taken as testimoy since it is applicable to a court proceeding?

I guarantee that negotiator was scratching his head on that one.

Most of the good loan products take 6 months to close and everyone wants a personal guarantee right now.

Even if you win a judgment, you have no guarantee of collecting.

Labor will also begin demanding benefit-defined guarantees because current baby boomers, and later cohorts, are already being devalued with railroaded retirement plans. 401(k)'s, unless contained in a no penalty IRA or product, in my book, are possibly the worst investment that exist.

But no guarantees that another appraiser will come up with the same number.Things could happen between now and when you sell.

But, I guarantee you that if someone only uses these simple vaulation methods, they will miss deals that could have been profitable.

I don't mind personally guaranteeing the loan, but it'd be nice if the primary borrower was the LLC, and I could personally have no real estate ownership, income, or expenses to muddy up my balance sheet and income statement, just the ownership in the holding LLC.

I have a team in place of agents and negotiators to handle the transaction (if the agent would be willing to surrender control w/a guaranteed commission if the property closes).

What I presented is a note purchase, another way is to simply do an assumption or guarantee the note and catch up back payments.