The seller then assumes the first lien position as the mortgage holder, allowing you to negotiate the interest rates, terms, and payments creatively.

. - for as narrow or as wide of a net you may want to throw out for your own “real estate investing.”But if you should still have an inclination to trust some guru with a paid mentorship, I’d suggest to go above and beyond their standard contract, which will likely stipulate what you owe them in far better terms for themselves than what they owe you in return for your money: I’d ask them to stipulate - in writing - what “mentorship” your money (at each level of a “workshop”/“education” they expect you to pay for) will actually get you, and for how long.

It really makes no difference whatsoever…as you will be getting title insurance, either way, and if you ever have a title issue that’s who you would go to anyway…not the previous owner.It has effect on you or the lender, as long as you get owners title insurance (the lender will require lender’s title insurance in any case).You can sell with General Warranty deed when you sell.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

The Small and Mighty Real Estate Investor" by Chad Carson"Never Split the Difference" by Chris Voss"Long-Distance Real Estate Investing" by David Greene

In this scenario, each member doesn’t actually own real estate, they own a business (that owns real estate).If that is the case you have two options: 1) The LLC performs the 1031 exchange and continues to achieve the goals of the managers through changes or details added to the operating agreement and subsequently consider dissolving the LLC. 2) You dissolve the LLC and reform as Tenants in Common *prior* to the sale of the property.

Hey BP people, I created a spreadsheet to help underwrite and analyze airbnb and short term rentals. 

I don't mind source of income protections, I don't actually care how tenants make rent as long as they do and it's more or less on time.

Now it is a stabilized long term rental on both sides for me.

The rules regarding the 45 days for identification of future property and closing within 180 days still apply so as long as you close all the properties within that time you should be fine and pay no taxes for the 1031 exchange.