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boostnoz

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Posts posted by boostnoz

  1. Posted · Report reply

    Hi Everybody,

     

    Thank you for taking a read.

     

    I emailed an owner to see if he would rent-to-own. He talked to his lawyer and said it would be preferable for both parties to do a land contract.

     

    I found out they have two mortgages on the property and are selling it at break even.

     

    Is there any creative way I can get into this place without paying the whole monthly mortgage payment?

     

    Should I keep pursuing this lead?

     

    Thanks!

     

    Sam

  2. Posted · Report reply

    Hello everybody,

     

    Thank you for checking my post.

     

    I was curious if setting up a Series LLC is beneficial in regards to investing through lease purchases and/or if it is even viable as a way to protect your interest and personal assets.

     

    Also, I read that a single-member LLC is not beneficial in regards to protecting personal/business assets. Would this apply to a Series LLC?

     

    I know Series LLC are fairly new and untested in court, but should I be setting my LLC as a Series to protect each individual property from one another?

     

    Thank you for your help!

     

    Samuel

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