Or use an LLC to buy the property with the seller being a member with a minority stake.John Corey

Is the LLC a sole member LLC?

Go to the new member area and say hello to 10 new people and you will be over the 10 mark.There is no cost and it gets your name out there.

I have been lurking, learning and following the market for about a year now and trying to get the nerve to jump in. My goal is to invest in rental properties moving up to a 6 to 8 unit building(s) in the next 5 years....

She said that recent court decisions have pierced the single member LLC on the basis that it was simply an alter-ego of the member.You are not going to get sufficient knowledge of this subject by asking a few questions on the internet.

Hey there David,Welcome to the club and I hope you find every member to be as helpful as the next member!

In fact there could be problems based on buying it "dirt cheap" from a family member.

I hope you find exactly what you are looking for on this site and I hope you share your knowledge with our fellow members as well.

Hello forum members, I am not a new real estate investor, but I am new, as an investor, to the concept of the lease purchase.

Especially don't assume because a family member was handled well by your buddy on a new construction residential loan that the next person will get the same experience.