But now a days the title policy will read to that beneficiary and any subsequent assignee's.. and Tim I posted the state of CA disclosure document we used for multi bene loans. so you can see that.what should happen in these multi bene loans is a document that allows the sponsor to prosecute a foreclosure.. if you dont have that each bene has to agree and that is were these get sticky..  4 investor say foreclose and one says nope.. keep in mind in the mid 80s in the Bay area our loan sizes were already 200 to 500k for HML.

To avoid that, create a land trust where you are the initial beneficiary.

However, if Chicago's crime trend continues or grows and CPS lays off teachers rather than doing a bankruptcy, DuPage, Lake and Suburban Cook are likely beneficiaries of a population shift of families with children.

The beneficiary of that policy was trust held by a bank. 

One of our properties is owned by two trusts, and there are 3 beneficiaries.

BTW, I recently learned that if the house is owned by a trust, then the beneficiaries could satisfy the OO mandate to serve as owners if they reside there.

My CPA suggests land trusts with the LLC as the beneficiary and trustee for the properties and manage the properties (even those not mine) under the same LLC. 

Kinda funny at closing to watch 3 sibling beneficiaries fight over $20k in proceeds like its several million.4.

Hi Erik,Here's a brief overview of our investing career to this point; it's kind of the Tale of 2 Cities, as Denver home values were much lower in 2010 than they are today, and I've been the beneficiary of a nice tail wind during the recovery.

I had considered maintaining a certain dollar amount in reserves and semi annually diverting 75% of the income to the beneficiaries and the other 25% into a separate account designed for expansion so that the pool does not get too watered down as the family grows.