(In California, illegal immigrants are legal!!!)

. : ) No legal advice.

But we borrow $ using trusts and LLC's all the time.The reality is, even if you have it in your name, just long enough for the financing to stick and then move it into a trust, you have created the entire trail anyone would need to connect the dots and subpoena disclosure of the trust beneficiaries.I encourage anyone using the strategy Kris describes to make sure you have competent legal counsel who is very familiar with your investing strategy.

Hi All.

I'm a newbie that is in the stages of buying his first property.

What sort of operations work needs to be done?

* I assume registering an LLC. I'll meet up with a layer for this. Is LLC gen...

You got to figure if you did not have cement underneath to start it would be very expensive or impossible to install later.

You can negotiate and get them down much further than that.When I did residential years ago I used to help people with credit issues.No legal advice.

Is this approach legal/possible?

Now you have a legally enforceable interest in the sale and everyone gets paid.

In these areas you ONLY buy for appreciation since cash flow is almost impossible.

Bill Gulley Regarding "I've never heard of it costing more per person" in NC that is true with the legal complaint filing at small claims via the clerk of court, but the sheriff service cost is $30 per person in Wake county.