Hey Becky,When you sell the property, the LLC will still technically own the property until it is formally restructured, so you will need to amend the LLC’s operating agreement and update its ownership structure to reflect the change, ensuring the absent partner’s interests are properly dissolved, and taxes are handled accordingly.

Would I have to restructure that loan so that it's in just her name to take advantage of an FHA to buy a duplex?

I didn't get my money's worth from MFM.Update: Nov 2024- they have restructured their program to have 3 paths: acquisition, capital raise, or underwriting - and have a 12-class program for you to follow for each path (what happened to asset management??).

I know it will be important to have my ducks in a row and figured I could start now if I need to restructure debt. 

Joshua, keep in mind that creative thinkers and good negotiators can arrange great deals on both the note side and RE side.Benefits of notes: true passive investment, no tenants, no property taxes, insurance, or utilities, ease of liquidity, ability to re-structure note thereby increasing yield, scalable.The cons of notes is the lack of ability to use leverage (it is possible, just difficult), once the note is paid off, you must find a new note to buy to replace the income, less tax benefits than holding RE, typically if you choose to sell the note, you may have to sell at a discount greater than the costs to sell RE at full retail.In my opinion, you should do both, not one or the other.If funds are limited, start with the RE holding, then find a note to buy.

I would be willing to restructure the K to land contract if I can get 8K, but I didn't think mobile homes qualified ?

On estimates don't worry about updates like floor paint job new cabinet so on Look for heating system electrical, plumbing, the restructuring of the building Up dates is usual 10k per unit like a paint job floor and some others updates I buy cabinet on this site it's like 2k for a nice set!

However, buying at the right price after identifying areas to increase the value, can result in higher yields.Value add components of a property deal can include renovations, repairs, building reconfiguration, additions, subdivisions, vacancy lease ups, assemblage of other properties, zone changes, debt restructuring to name a few.

If you can't get a mailing address on there you're stuck with a bunch of cards the postal service won't mail out.In order to find that space I would restructure the first slide, which I assume is the back.

just restructure the deal  if you are party a and dont have the money to buy it have party b buy it and have your fee added boom problem solved