Barring that, you should be able to get the local authorities to compell the uncooperative homeowner to work with you, as it is definitely a health concern for the neighborhood.

Remember, it's a depreciating asset.

If your LLC, say, owns a property, and some sues that IRA w.r.t the property, then could only take the LLC's assets.

Is it acceptable do you think to use the "standard" lease that the State and the Board of Realtors uses/authorizes for leases?

.; so, I'd make some quick calls to see if the bank is interested in speaking with you about the asset.

It's possible I've just gotten good negotiators or asset managers, but my BoA short sales have actually been going quite smoothly recently.That said, historically they're very difficult, and we've been struggling with them over a bankruptcy issue for one of our sellers recently, and they are being ridiculously difficult.

They say to have 6 months of personal and business expenses saved up first and thats what I was more referring to - and getting a loan was just an alternative idea that crossed my mind that seemed to be less time-consuming than personally saving up money.Holly - I could not agree more on your views on personal debt - I've been the poster boy for years advocating no debt unless its debt to buy an asset that actually makes you money as opposed to costing you money - having said that, I've slightly entertained the idea of a personal loan because the way I figured - sometimes in the beginning you gotta compromise or do something you generally would be against - nonetheless I get what you're saying though and I completely agree

That's an advantage of a broker, knowing who will smile on which borrower and the best place to fund/buy the loan.You schedule certainly shows the difference it can make if a borrower has compensating factors, assets and reserves that can increase their borrowing power. :)

The benefits to you is that you can completely eliminate the custodial fees, transaction fees and asset based fees.It has been discussed here on BP forum in details so if you are interested in learning more about it, you are in the right place.

I’m curious if I should be moving these properties to several LLCs to protect my assets.