Does the LLC legally own the property that was purchased? 

Up to 75% purchase price , 1.1 DSCR minimum ratio minimum 650 credit score 25 or 30 year for lender I work with

You don't need to actually rent to purchase a renters policy.

My question is: After I build the units, can I do a cash-out refi and use the equity to purchase another home? 

Additionally, we have a decent amount invested in retirement accounts, which we plan to continue building over time.As part of the move, we’ll be purchasing a larger home.

Single family has more stabilized as there is not enough people who can afford homes.The purchaser is two very distinct types of groups who buy MF vs. single family and single family is bought to own and occupy, MF is bought to generate money.

@Jerry Velezif a property is owned outright with no mortgages, debts or liens on it, then it can (potentially) be purchased on seller financing. 

Purchase price: $330,000 Cash invested: $40,000 Hey everyone, I wanted to share a personal story about a property I purchased and renovated in Hudson County, NJ.

We've never used percentage-based criteria, like the 70% Rule, for purchases.

However, due to keep purchasing real estate, my DTI is high and close to 50%.