If you have enough property and you are a landlord, it may make sense to use a combination off LLC and corporation: one or more LLCs to own the properties, and a corporation to provide rental property management services.

If the borrower is cooperative, you could also do a deed in lieu.The loan payments are a combination of interest, gain, and basis.

This challenge is typically, but not always, a combination of adverse credit issues and an immediate need for liquidity (cash).A rational borrower would not seek out a high interest alternative loan if a conventional loan were available, so in that sense, it’s not a stretch to describe a hard money loan as a loan of “last resort”.

I used that same combination on several of mine.I'll try to attach a picture of my project below.

Remember it is about the Combined LTV as to the limit of future advances that you will get on the LOC.

I started very similarly to what you described (flipping first to gain capital and then start combining that with purchasing rentals) and believe it is a very effective strategy.

Me and my friend are both contractors overseas, and have a combined income of a little more than 300k.

Utilizing both a trust and a LLC creates the best combination of liability protection and favorable estate planning.

With so many buyers coming off the sidelines in 2012, combined with representatives of hedge funds bidding up properties to above asking prices, it’s no wonder that prices are continuing to rise in those markets.

Accurate, provides a good selection, and uses solid methodology for determing comps.I've been combining Redfin with public records searches just to be on the safe side.