So the heloc difficulty may be because its not a primary home. but im sure you can find a lender for a heloc.have you tried a DSCR because that way you can keep it in your LLC?

So, it won’t offer you any tax savings on its own.However, one of the primary reasons real estate investors place property into an LLC is for liability protection.

A 6% investment rate, is a low 5s/high 4s for primary.

Jacobs: Primary reason to place all rental property into a limited liability entity is to protect your assets from tenant-related liability. 

I plan to cash out refinance my primary residence and use that money to invest in my first property.

Now my primary contact, Dave Sherman, is saying that I need to deal with Bruce Wuollet on the matter (as apparently they aren't sharing information with each other).

On June 21, 2024 Freddie Mac got approval to purchase second mortgages on SFH occupied by primary residents.

Examples: Medical Professional Financing (stronger rates and limited down), low down payments of 3.5-10% on jumbo primary, second home or investment properties, 10% down for investment properties of 1-4 units (with no PMI) and portfolio or private loans with attractive ARM or seller carried rates we negotiated. 

The prospect primary job is in apartment property management, but that job doesn't cover our 3.5x income requirement, the prospect has picked up 2 additional jobs that were really recent like this month and last month and one of them is the one I'm currently talking here about.

Hi Grayson, with you mentioning conventional 5% down and FHA 3.5% down, it sounds like you are referring to a primary residence.Private Lending/Hard Money Lending is usually on investment property (We can do primaries but it is highly regulated & varies state to state so most refrain from it.)If you are looking to get into a flip, long term loan, whatever it may be.If you have no experience & a solid fico, rule of thumb is 20% down.Hope that helped :)