Hi Roberto, I'm here in PG County and happy to connect to talk shop as well. 

I see many lenders our area "PG COUNTY MD" enter foreclosure properties before the actual sale and change the locks and winterize the properties to prevent damage.

David Greene's book on long-distance investing "headache factor" (pg. 163) put it home for me.

A personal guarantee allows you to go after additional assets if necessary and it becomes a further responsibility (i.e. motivator) for your borrower.Lending to a retirement plan, which can’t require a PG, is an exception.

Reference: B2-2-03, Multiple Financed Properties for the Same Borrower (https://www.fanniemae.com/content/guide/sel041514.pdf pg. 254-257)

@Antwaiyn Smalls In no particular order: - The biggest one is that you'll have to personally guarantee (PG) any debt taken out in business name since your company is fairly new - You won't get the best terms (or the best terms would be contingent on your personal financials) since you haven't been in business for too long- Getting an agency (Fannie/Freddie/FHA/VA/USDA) mortgage would be much tougher as a new biz that is <2 years old- Most of the business banking is relational so financials > relationships >> business credit score.

What is entailed with assigning a Tax Certificate? I just want to assign it from my personal Name to an LLC prior to Foreclosing .Does it need to be recorded with the clerk? or just given to the Tax deed department? D...

So, I purchased several tax certificates in PG County MD last May and some didn't redeem by the 6 month deadline .

Basically ran me out.........pg version...it was pretty tough on me......took years to recover from the mental issues.........that lesson cost me $$$$.

My question is does anyone have experience doing this in the metro DC area (PG County, Montgomery County, Washington, D.C.