Take a 20% royalty for hosting, unfortunately that means that technically you become her pimp.

There are a couple of things to think about:-Technically, if you have a loan in your name, the lender doesn't want it to be transferred into the LLC.

There is one more little layer: the house is owned by Curt's land trust, and a person I have not mentioned, Marion, is the trustee (I think that's the term), so in a technical sense, I loaned to whatchamacallit land trust.Yep, a lot of moving parts.

What if we made the balloon payment in year 5, will she be paying capital gains in proportion to the proceeds she received at that time or will the sale of primary residence still apply since technically she qualifies for it when she sold it?

Traditional Banks have more rigorous approval processes, which can take weeks or even months.We are usually more flexible with loan terms and conditions and are more aggressive with leverage (higher leverage compared to banks), while banks generally have rigid loan terms and conditions that may not be as adaptable to unique investment scenarios.Private lenders are more focused on the potential of the investment itself rather than the borrower’s credit history or financial background.

If they’re honest and their background check comes back with what they said, then I’ll consider each person based off my gut feeling.

Recently, I’ve been interning as the COO for a Real Estate Investment company that handles flips, remodels, and out of state investments, with the goal of scaling the business for increased profitability.My military background has instilled in me core values like resilience, integrity, hard work, and effective leadership.

If you just put it on the OTA’s year round it’s technically still available for you to occupy 100% of the year.  

Little background on me to help paint the picture for my business concept.

A lot of DSCR lenders are technically POF lenders as they only qualify on 4 things: 1) valid driver's license 2) FICO score 3) rent is more than the PITI of the proposed property and 4) proof of funds for the down payment and closing costs and reserves.