I have a similar situation although the percentage is 70% of value.

We actually just found ourselves in a situation similar to what you mention in your post above.

If you have buyers who have the funds to purchase but are looking for some leverage, then you should be able to set up a similar program that is good for everyone.Suggestion: - 30% down on purchase/renovation costs (minimum) - 8.5 - 9.5% interest rate - 15 year amThis would be a great deal for an investor who cannot qualify with a bank - a great deal for a long-term lender looking for a lace to safely park capital - and a great program for you to market to your client base looking to purchase properties from you.Just my suggestions based on what we have had success with.

It's easy and inexpensive to do using Legal Zoom and I'm sure there are other similar services you could look into.

Time will usually tell whether this is a temporary spike causing the disruption.My advice to you is to research the market by talking to other local investors doing similar activity.

I'm not sure about other states (although I imagine they're similar), this is what California law states regarding the members and managers of an LLC:California Corporations Code Section 17158(a) No person who is a manager or officer or both a manager and officer of a limited liability company shall be personally liable under any judgment of a court, or in any other manner, for any debt, obligation, or liability of the limited liability company, whether that liability or obligation arises in contract, tort, or otherwise, solely by reason of being a manager or officer or both a manager and officer of the limited liability company.

In the BiggerPockets Blog today, blogger Jason Hanson wrote a post titled, The Halloween Deal Finding Real Estate Marketing Plan.I wanted to see if any of you used the holidays in a similar way to do your own marketing?

( if you are offering a deal that is similar to one that is on the MLS, you will have a hard time fining a buyer.

I paid cash for my first property recently and financed the rehab on Visa and an unsecured LOC, but might do something similar to what you are doing here on the next deal just to get into property number 2 a little quicker.

condo investing in BK would be similar to condo investing anywhere. fees and assessments are to be expected. if you were to pay cash, you obviously wouldnt have a mortgage but would have a HOA, which can be very hefty.