We are toying with the idea of this too but are 2-3 years away from pulling the trigger on something but have looked in the Manistee/Traverse City/Cadillac triangle and there are some great buys still in that area.

It will greatly depend on your interests, how much spare time you have, and what type of funds you have access to.I had been in the analysis-paralysis stage of investing for the last few months but have recently started to pull the trigger on several things.

This is a red flag area and the number one way lenders catch on that some interest has been conveyed, triggering the due on sale as they see the new insured.

As a Realtor, here is what I’m planning to do to assist my clients who do not have credit, yet they have a good chunk of the money needed to purchase a home.1.The seller creates a Trust and deeds the property to the Trust.2.The seller signs a Trust agreement with the buyer and lets the lender know that such agreement has been made - the buyer is now the trustee; allowing the buyer, once equitable interest is obtained, via step 3, to purchase home owners insurance in his own name, without alerting the lender that a transfer of ownership has occurred and triggering the "Do on Sale" clause.3.Use a Land Contract with a 5 year balloon payment to establish the terms of the sale.

Biggest issue that was presented with this is the DOS being triggered.2.

I will look into those zip codes and I am ready to pull the trigger when a deal looks good.

You can transfer into the LLC like you mentioned, but you technically are triggering the "due on sale" clause in the loan.

But you will have to pull the trigger on an investment to get into the business.

Im trying not to pull the trigger just because I want to own a RE invest property.

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