Should I lien the property that I am buying to protect my lender or leave it free and clear of liens.

. - Sex Offender List - Potential Zoning or Future Planning Impacts - Environmental Concerns / History - Flood Plain (already mentioned above) - Sewer Line InspectionJust thought I'd share.

There is another "homeowners protection act part II."

Hi All:Here is the scenario:Purchased SFR rental properties 1 year ago for cashProperties held in an LLC for asset protection purposesBank said need 1 year seasoning on properties to finance, so far so goodThen bank says: can't refi while in LLC, must be in personal nameI agree to move properties out of LLCBank says: Since there is a title transfer, you need to hold in your name for 6 months before we can financeI say: What?!!

environmental testing?

In my experience, you should expect 2-4 weeks for issuance of permits if it's a typical large rehab that doesn't need to get reviewed for zoning, storm water management or environmental concerns.In terms of how many bids you should get, I'd suggest getting as many as necessary to ensure that you're comfortable that you're hiring someone you trust and that you're not paying too much.

The original intent was to protect my assets by putting the properties in an LLC.

PILE UP CASH IN INFLATION PROTECTED EASILY LIQUIDATED ASSETS if you want to have the time of your life as an investor in a few years.

DC has very strong tenant protection laws so it could potentially take years for the existing tenants to move out on their own (at which time you could convert that unit to market rent for the next tenant).I would NOT count on eviction as a strategy.

Protecting Tenants at Foreclosure Act of 2009 has provisions requiring notice of 90 days before starting an eviction for the initial successor in interest to the property.