Sometimes it means I cover closing costs for the buyer.

A lender runs the numbers and realize the investment is solid and they will provide 70% of the purchase price.Now you run inspections, appraisals, legal fees, environmental reports....etc...etc and incur 100k in costs in due diligence.You still need to tie up an equity partner/investor for the remaining 30%.Would you be asking the investors for 300k (the 30% on the $1M purchase) or would you want to ask the investors to cover the 30% + the "load" 100k?

Unlike FDIC insurance there is no limit on the amount covered.

I grabbed 3 of the 5 cabinest I needed at minimum but when I went to get the Stove my limit would not even cover that..What a sleaze..Another of his sons comes by and we talked a bit.. he didn't know anything his father said you had called about a leak .. ( that was 4 days ago..

If your goal is to separate your business assets from personal assets...to protect you from getting sued, losing, insurance not covering the difference, and failing to settle...then your business LLC/land trust should accomplish that.

Thank you Mark,Are rents able to be adjusted to cover the cash flow of a mortgage, insurance, and other fee'sWhen i was looking at some four plexes the rents seemed to low to cover the expenses, but that was a year ago, I assume maybe the values have dropped.

Now why did I cover three stories of asphalt shingle with beautiful white vinyl?

For the record, the umbrella covers five homes: three rentals (with a net value of just under 100K), our primary home, and our cottage.

I have a situation that I am in need of help. I want all opinions. Can you please tell me what your thoughts are on my situation? This is my deal and I am not working on it for a client. I'm in need of verbiage for a ...

In fact, you could put them all in one LLC and get a commercial loan to cover them all.