Here’s what I’ve learned so far:Banks lend 75-80% LTV, so they likely won’t refinance 100% of the property value.They require LLC documents, rental income proof, and a strong DSCR.A new appraisal determines how much they’ll lend.If the bank offers 80% LTV on a $55,000 property, I’d get $44,000, meaning I’d need to cover any shortfall to pay off the owner-financed loan.For those who have done this, have you found banks that offer higher LTVs?

Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.

Weighing the long-term appreciation potential of California against the stronger cash flow of other states will help determine the best strategy for you.Good luck!

Reach out to them for terms on a HELOC. should be much better than Better.One look at that and i would tell you it's wayyyy too high, but there's not enough info from your post to determine what is contributing to that interest rate.

I work an asset company to help me determine my risk tolerance. 

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

, but I know people have built wealth in real estate without spending a fortune on coaching programs, and I’m determined to figure it out.I have a strong hands-on background in home improvement—painting, flooring, drywall, trim, tile, light electrical, and plumbing—so I know enough to be dangerous about renovations.

If you have proven you can take private Money at 12% - 14% and use it to make a 25% - 40% return then it's a no brainer for all parties involved and if listening to three podcasts, reading four books, and paying 10k to join a mastermind was the recipe then the line of ppl wanting to do it would stretch around the globe.If you are doing a fix n flip right now and it's a failure and you either lose, get stuck in it, or breakeven - the chances of the determinate factor being the lending is tiny.How do fix n flips go bad....?

I feel like that will determine who is a good fit for you. 

., mediation or arbitration) to resolve conflicts.Life Changes: Plan for marriage, divorce, incapacity, or death.Exit Strategy: Define how a party can sell their share, including buyout terms and a method for determining the sale price.Rental and Use: Define the rules for renting out the property.