I’ve been in the business for about two years and recently started expanding my focus beyond traditional sales to learn more about real estate investing.I currently own a rental property (which was my former primary residence) and am working on building a remote property management company under my LLC, Williams Investment Group.

Property registered under LLC which is owned by developer, however he mentioned he need to give remaining money and interest to previous seller first - I am not sure this impacts my purchasing scenario.Key Questions:1.

A series LLC would be extra unnecessary IMO.

In April, I was ready to pay it off—only to find out they had transferred the loan to Fay Servicing LLC without notifying me.

Best, Derek Peterson, CPA, MBABP Business Profile - Atteign LLC

I’d always draft something in writing (simple JV or promissory note at minimum), and ideally put the property in an LLC with clear operating terms.

I currently have an active LLC in TX, one under review in GA and just submitted one to the Sec of State here in HI.  

You probably bought into a fund (often in an LLC) or a single-property LLC managed by the company. 

My understanding is the operating agreements only help for entity's such as llc etc. 

While it is true that in the past lenders were happy to trigger the due-on-sale clause, this has not actually been the case in recent years due to some LLC-friendly changes in servicing guidelines published by Fannie Mae and Freddie Mac.