So you understand going forward, loans made to LLCs are called non-recourse loans because the bank has no litigation recourse since you have the veil of protection of the corporate entity.

Right now I feel like the thing that's holding me back is my lack of knowledge I've just started to read about REI 3 months ago and I'm going non stop.

Then, at closing, we were told that one tenant was being evicted for non-payment.

I also was the Director of Sales and Marketing for a national lifestyle publication and under my direction their annual revenue went from $750k to $1.6M in 3 years.

This non verbal cue may get them second guessing there price.These are a few of the strategies that have worked great for me, I would be interested to hear what other people are doing.Eric

It's stripped down to almost nothing and needs to be rebuilt, structure is in decent shape, but the kitchen/baths ect all need redone, electrical and plumbing are also non-existant.Are there any choicese you would make in one?

I only post this because some new investors are not aware of the MD foreclosure law.http://www.msba.org/departments/commpubl/publications/brochures/foreclosure.htm

If I were to obtain a property through non-conventional financing (owner financing, private money, etc), with the intention of conventionally financing after a certain period of time (6-12 months), when exactly would I quit claim the property into an LLC.

The Homevestors guys I know are currently buying mostly REOs, as the availability of private sellers with equity is nearly non-existent (compared to a couple years ago, that is).So, I imagine these guys are getting very little value out of their Homevestors franchises, despite their franchise requirements to spend large amounts of money on advertising/marketing.

"Carona is using his powerful public office to benefit his personal interests," concluded Rain Minns, the Democrat challenging him for the State Senate, District 16, in the November 4th general election.