1min snip

Get Creative with Pace Morby cover image

Revealing Real Estate Investor's Blueprint

Get Creative with Pace Morby

NOTE

Secure Deals with Collateral

By using shares of the LLC as collateral in a non-recourse deal, one can transfer the property to another party in case of mismanagement without transferring ownership. The new party can take over the LLC subject to the loan, freeing the original owner from financial responsibility. This method ensures a clean transaction and avoids complications with lenders that may require tax returns or scrutinize ownership structures.

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