The way the house is laid out lends itself to being split into a two family property which is a goal going forward.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Generally, if you purchase a property in the name of an LLC, you may end up with less favorable lending terms.

@Muhammad Kashif to avoid interest related transactions:1) Buy & hold rentals - you make your money back via rental payments.2) Funding flip deals - instead of lending at an interest rate, you could lend for a percentage of the profits on the sale.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer. 

These institutions might be more flexible and willing to work with your specific scenario.  

I will most certainly contact the banks and see how we can work together. keep wellErol In my experience, PNC bank has been nothing but booty when it comes to any type of lending.

My assumption has been DSCR is the main driver, coming from my institutional experience (larger deals) we usually target a 1.2 and over DSCR.

Don't see details about vesting in an entity is allowed, but looks like this bank lends in a few states: Florida, Massachusetts, New Hampshire, New York, Pennsylvania, and Vermont. 

SEC Charges Accountant for Role in Mobile Home Investment SchemeADMINISTRATIVE PROCEEDINGFile No. 3-21547August 7, 2023 - The Securities and Exchange Commission today instituted settled administrative and cease-and-desist proceedings against Lawrence White, CPA, the former part-time Chief Financial Officer for Outstanding Real Estate Solutions, Inc.