Quote Originally Posted by Cams Purple Lambo View Post
asset is secured by the loan. bank made a loan to LLC. Loans on real estate are generally non-recourse (they can only go after the property not your personal assets) no harm to credit or minimal if a foreclosure bc its against the llc
you've obviously never done this otherwise you would realize the insurance requirements for the llc + the interest rate on the home would be more than the 5% annual return.

the 5% SPECULATIVE annual return