We do this occasionally when we make a private loan if the deal is too "thin" we will also tie up another property in the investor's portfolio to ensure performance.And having the props "owned" by your LLC is not the same as having the financing originated and vested in the LLC.

Also, LA has very unreasonable rent control.It's hard to imagine anything in San Francisco proper for $100,000.

I'm sure as long it is notarized and properly prepared it wouldn't be a problem.

Our expenses are not high and in fact are right in line with the average for properly run residential rentals.

The key word is “represent”, they would be acting as your agent and would need to be properly licensed.

This is a true statement but the only reason the did was due to the fact that they were not properly educated on the mattter.

Please post deals in the proper forums once you have met the 10 post requirement.

I have only tried Firefox other than Explorer and I had trouble with some sites working properly with Firefox.

Again it will boil down to the loan policy and how the bank wants to structure the transaction, but it's a matter of loan classifications initially.Going this route on yoiur own without a committment from your lender can put you in a pickle as Susan pointed out above, so talk to your lender and give them a good reason why you need to close in a week (I closed a deal on the second day but had to have alot of favors done to do it but generally, even a cash deal done properly takes more than a week, so what's the rush?)

The only problem is I don't have the startup capital to properly advertise and keep myself afloat while I'm putting 100% of my effort into taking off.