In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION.

Hello, I am getting ready to list a duplex for sale and before signing the listing contract I would love to get your opinion.

Looking at other properties in the area, many are multi-family. 

I've been wanting to do this for a while, but haven't had the courage to pull the trigger to start doing it.

Here's an article where I gave an example of how CSS benefits you when it comes to partial asset disposition.

From that information I would think the best you can do is get a range of the ARV (say $150-$170k) and I would make sure you numbers work no matter whether the actual value falls within the range.

Anyone set up their LLC in California?

Am I going to the right path?

Hi Erica, welcome to the community!

2) Assuming I can proceed and put the home under an LLC of some sort, what would stop the tenant from just checking the county tax records and finding out who is listed as the last purchaser, and from there come after my family?