Hegsdery Gret
how does using an llc as beneficiary protect the individual
when you have a property in the name of a land trust and the beneficiary of the land trust is an llc how does the llc provide extra protection? Would the lawyer not be able to target the land trust directly ? The llc ...
Jimmy Samai
Finding the new owner of a property with a deceased owner
Good morning,there's a property in my neighborhood that I am interested in purchasing. The previous owner is deceased, but I am trying to locate the next living relatives & I have tried different options. Any advi...
Paul Stewart
LLC set it up yourself or a Lawyer
Hi All Recently purchased and Rehabbed a property in Atlantic City NJ for the purpose of Short term rentals airbnb etc. I do own another property that I house hack in NY. I now want to set up a LLC for this property ...
Jason Reynolds
Marketing to Probate List & Finding Executors of Estates
Hey everyone!I recently obtained a list from my county that is a list of all probate cases in my area. After they gave me the list, I realized there were a couple issues. A screenshot of the list is attached below for...
Brittany Edwards chu
Pros and cons of moving property into LLC
HelloMy husband and I are under contract on our first multifamily and bc of the conventional loan we can't get the loan under an LLC. So we will have to title over to an LLC after close. My question is should we do it...
Andy Mirza
Adequate Protection Orders (APO) for BK 13
I recently had two successes with Adequate Protection Orders for borrowers in Ch 13 BK. The APO is another way to deal with a borrower's delinquency in their BK plan when it negatively affects a creditor. If a borrowe...
Aron Rodriguez
Structuring a partnership
Hello all, I found this great deal and going in 50/50 with a trusted friend. 425k offer with an ARV of 600k based on sold comps within 3 months. The challenge on this property is an unpermitted room in the garage and ...
Andrej Petrovski
Bankruptcy effects in Note
I've seen a few notes now that are for sale and indicate the borrower is either filing chapter 13 or 7.
I'm assuming that a chapter 13 is similar to the lender just modifying the loan ? Meaning making it more finan...
Cameron Price
South Carolina Single Member LLC strength?
I've been researching legal entities, and have come across a lot of information about single member LLC's. In some states, they seem to be pretty much useless, and in others, quite strong for assett protection. What i...
Enrique Montalvo Jr
Creative financing suggestions
My name is Enrique Montalvo, but everyone calls me Rick. Can a seller offer owner financing if they have a mortgage? I am a Marine veteran. My wife planned to use a USDA loan to buy a home in her name. The house we w...