https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

Back stairs.If you are talking about making a 2+1 into a legal 3, the towns are going to tell you only the above two will qualify.

My STR is in a city where it is legal in private but not in public.

Definitely none of my business to give any legal advice however, in respect to qualifying for a DSCR loan and using an entity, this is what I have seen. 

Once the note is accelerated the seller/buyer either needs to pay off the entire balance within a legally prescribed period of time, renegotiate a satisfactory solution with said lender, or face possible foreclosure filing. 4.

Kiavi, the only lender who'd touch a land trust, ran it up the ladder with their legal team.  

I'd be surprised if the way they are teaching & doing the lending is legal. 

Different banks will have different lending guidelines, legal lending limits, fees etc.

I have always loved them, they keep it clean, u can even ask the military to directly transfer monies into your account without the hassle of asking tenants if they get late, only downfall is they are legally allowed to leave the house anytime based upon their transfer status - still worth every bit!

And to your earlier point, the response has been taking the victim stance instead of just explaining the business model and why he uses a different name on BP than FB, FL legal records, etc.