jon's about to file for divorce

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

[Cams Purple Lambo]

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

my family owns a lot of commercial real estate. insurance reqs are minimal.

my family owns a lot of commercial real estate. insurance reqs are minimal.

my dad fucked my mom but that doesnt mean i do

[Cams Purple Lambo]

my family owns a lot of commercial real estate. insurance reqs are minimal.

i will say im over simplifying this, you need all sorts of personal guarantees etc... if you're just starting out. no one will lend an llc with no track record money