@Kenneth Bedwell  We have never done a sandwich lease, nor have we had a reason to do one. 

Account Closed I wouldn't use rank for the reasons already stated.

Being new to the area or being an out-of-town investor with little knowledge of the regional areas is always good reasons for investors to work with agents.And here's my personal opinion of how agents could help me the best...First, to simply be investor-savvy.

The reason that you just signed a bunch of paperwork promising that it was gift and you have no expectation of repayment, is that if you then try to threaten the house to get your son to pay you back, a judge is going to kick you out of the courtroom....

Can anybody reasonably expect anything better?

@Jordan Salter - Glad you're happy with the process, is there a reason these are done through the Commercial side?

I would be highly cautious with your proposed course of action for a variety of reasons:1.

Just be sure that the property will cash flow enough to cover all your normal expenses (debt service on the 30 yr loan, CapEx, repairs, vacancy, taxes & ins, etc) PLUS enough extra to pay off the LOC in a reasonable anoint of time.

Now, another reason why Las Vegas real estate is going up.Terryhttps://www.reviewjournal.com/opinion/opinion-colu...

Their pricing structure is not as friendly (at least the last time we evaluated it) which is part of the reason why we switched to Dotloop.