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From everything that I've read so far on BP and abroad it seems like there is a questionable argument for LLCs vs Umbrella Insurance. So, let me start by saying I have my first rental property and am looking for the m...
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Here is a subject I am not understanding very well and maybe someone can help me out.I currently have one rental house that is under my name, but I plan to make an LLC and transfer title. I understand that the mortgag...
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HelloI am the trustee for an irrevocable trust. The trust in years past has dispersed its net income to beneficiaries. I am now seeking a line of credit secured by the trust property. Will this be next to impossible b...
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Has anyone had success in litigation when having a Series LLC or a Trust with an LLC as beneficiary combined with an umbrella policy? Interested to know success/horror stories on these tools as asset protection strate...
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Purchased on land contract. Seller had unpaid mortgage on property when passing away. Seller had no money, only bills. Two Life ins policy had different beneficiaries. One signed over small policy to funeral home. The...
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Hey guys, we are purchasing a property in a land trust and then reselling it immediately to the end buyer. What documents are needed to transfer ownership of a land trust? I believe we need to do an assignment of th...
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Can somebody recommend an insurance company that can insure a primary residence held in the Land Trust? This appears to be a no man's land.. There must be a solutions out there!
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I'm looking into putting each of my rental properties into a land trust with an LLC being the beneficiary and another LLC being the operating management company. My question is does the operating LLC have to deposit t...
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OK so, to qualify this, I've never bought a note before ....but I have paid attention and done some research. I have a property where the home owner is about 5 months behind on his mortgage and the bank is ready to ...
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I love this site, so much info, so many options, but for me so many options create uncertainty. Looking at auctions to try and buy a property.
Question 1:What is the best way to check a title for liens or 2nd mortga...