If you have a disability and receive income from that then you may qualify for a specific loan product.

Frankly, that website has red flags to me, some good information, but I also look to the meat of the agendas, techniques and methods and the equity stripping is in far left field, filing false liens, with entities not at arm's length can be trouble, it is not a tool to employ, hit bankruptcy court and you won't be looking at just state laws or assumptions or local politics from the bench.

We have some great back country roads around the lake that any road race driver would enjoy, for me, at times, a few of those "S" curves that I know like the back of my hand are just too much of a temptation.I'm happy to hear Jay that you have enjoyed your method in your construction deals, but you and your attorney are misinformed if you think a note sets a partnership, it may have the effect with similar outcomes.Repeating what you do doesn't make it more correct or prudent, people should not be doing this, you can, if you have issues, you're a big boy, you can handle the issues or losses or ramifications, others can't so well.My temptations running through those curves is much like yours in doing deals you like to do, if I get a ticket, I'll just pay it.

You can't do an LLC with any conventional residential loan products, you would be looking at commercial/portfolio loans with higher rates.

. - having opened this can of worms, I guess I'd better thread one on the hook...If 'by all of that' you mean will I shop for a property that gives me at least a 30% discount, dropping that equity right to the bottom line, fix it up with the bank's money, get a 10-12% cash-on-cash return the first year, have the tenant pay all the expenses including the mortgage and own it outright in 15 years, why yes, yes I will.

Let's say expenses are 45% at $3,375/month.I was thinking of making an offer of $750,000 with $75,000 down, 5% interest for 30 years.This would put me at paying $3623.55/month to him, along with the monthly expenses would put me at $7,000/month with $500/month in pocket.

The only way to do this would be with a blanket loan which is a commercial product.

Credit Unions in my personal experience are easier to get money out of for many different loan products.

Also, remember that SM is for a service related business and TM is for a product related business.

@Brenda SacchettoI have a real estate store in Orange with counter service (Corner of Tustin & Meats) come in or call I'd need the address to pull info and guide you from there.