If they put up a down payment, take out a new 1st and you carry only a small 2nd then you are the least exposed.

I'd like to expose my situation and get comments from you people on how I should go about this, in the most profitable way possible of course :P Here's the deal: I purchased a duplex a year ago wich is now a triplex (i made a small appartment with the basement) The mortgage left on it is 150 000$, resale value right now is an easy 425 000$ where I live, wich leaves me with a nice 275 000$ in equity.

The S-corp is exposed to attack by creditors.

For 3 months I have been using all of the resources I know to expose the property (MLS,Loopnet,CraigsList,etc).

I have been exposed to these kind of seminars and have been completely UPSOLD to their programs and coaching calls which are no good and they just cost way to much.

Instead they just want to get the pain over with as quickly as possible.You also have to find a bank that is motivated and doesn't want the property (shopped) listed by the seller to fully expose multiple offers and compete with other investors.This is why many people wholesale.They make a few k on a marginal deal and let other investors take the high risk.Then they only buy when they get a really good deal for themselves.I would say "Do not get emotionally attached to this deal and overpay because you wanted to BUY SOMETHING" Instead just treat it as a property and if someone overpays for your goals then move on to the next.Remember it is easy to build a crap portfolio with marginal returns.It is much,much harder to build long term quality properties at a great price that will create generational wealth for the your family.

The solution I suggested would not expose you to that.

At the risk of exposing my utter lack of computer skills, I will admit this and that there are other things that I am unable (or too lazy to learn) to do online.

Professional con artists are very good at what they do.Many left the residential arena now that it is highly regulated to play in the commercial arena.When that becomes hard to manipulate they will move on to something else.I wish we had a bad lenders website where these companies would be exposed."

If a shareholder is sued personally, then all his personal holdings are exposed to liability.