So your personal assets are protected ?

Build in a fudge factor to protect yourself if the data proves to be incorrect or the market changes.

Being unfamiliar with the BiggerPockets web site, I clicked on it and was immediately alerted by Norton Virus Protection.

J if you cant adapt....you die in REI, especially with Consumer Protection (CFPB)The days are gone when you can write a REI contract on the roof of a car.  

- they may pay off the lien to protect their interest.

This creates a tight spot for short sellers.This is an actual scenario with the names changed to protect the guilty.

The CFPB (Consumer Financial Protection Bureau) came way too late to the, “let’s punish the mortgage industry party.”

@Mike M.I just started an LLC and I want to do it for asset protection purposes but I want the lowest possible rate, and I know LLC's may not offer the best rates to help lower the mortgage payment.

I can't speak to the legalities of this situation but one of the issues is if the utilities are off the pipes can freeze so you need to keep this in mind if you don't keep them on you need to protect against this.

Search on LLC and you'll see what I mean.Some believe in the protection, others say its only protection if you are not involved as the manager, others propose trusts and other legal manipulations.Commonly for the first property it is not considered necessary.Not Legal Advise.