Quote from @Brandon Croucier: Hi Kathy, at the end of the day the mortgage industry is so vast & wide it's essentially like trying to navigate the Sahara Desert.I highly recommend working with an experienced mortgage broker who knows the ins and outs of the industry to place you into the most competitive product for you.More times than not, people save money working with a small shop broker.Kathy,I wanted to revisit this to offer a a tad bit more and Brandon above is correct.

Not sure but you have an array of options in your hands brother.Either way, having 200k in your hands is a good problem to have!

And two, his partner's name is Ben Leybovich, with 12 years of multi-family experience, vast network, and unlimited good looks.Sam is a brilliant guy.

Full disclosure when you do a option agreement.. vast majority of wholesale deals there is never full disclosure to the seller what is truly transpiring and if full disclosure is made many deals will never happen this is a big worry for wholesalers.2.

Furthermore you can vastly increase your returns through leverage using a non-recourse loan but that will definitely trigger UBIT but again the numbers can still make a lot of sense. 

This is where multi-family housing in Las Vegas falls down.In Las Vegas, the vast majority of multi-family properties were built before 1986 and are in distressed, high-crime areas.

The home is in a great location in Big Bear Lake, CA close to the Village and Ski Slopes.I have an array of emotions being scared of failung and excited all at the same time.

I suspect the vast majority of home owners have never had a shower head disappear on them.

Are the terms and rates vastly different in your opinion when it comes to refinancing your properties under an LLC rather than under yourself?

The return percentage is the same, but the impact to lifestyle is, presumably, vastly different.