I have a goal of being able to spend time with my daughter and family.

I have a few places in Upstate NY cash flowing over 12k/mo. 

I assume we're talking about a rental property. 

I know of a couple people who are doing this very unscrupulously at the moment and have seen how they are structuring their deals.

Quote from @Jacob Sallblad: Hey guys,first time posting here.

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

I don't have enough details to know whether it's a good move for you, but I think my numbers work out better when I'm the lead.

@Gina Washburn I have the same experience.

Have a meeting coming up and hopefully they will have better news. 

Currently we have titled our 16 properties in 4 LLCs and we have a 5th LLC where we manage our properties.