I ask because if you did refi into a  DSCR loan you would be signing all kinds of business purpose disclosures with being an affidavit that you would never occupy the property as a personal residence.  

Melanie, as much as I understand where you're at with this, I would have to disagree based on personal experience.

Working in a busy property management company, I'm often asked for advice on camera and alarm systems, and in rougher neighborhoods sometimes it can be a toss-up on whether to keep a property boarded-up between showings. 

Personally, I used a business credit card to fund a BRRRR deal, securing over $90K in credit with just an LLC and a solid credit score.There are many creative financing strategies available, so don’t let capital be a barrier.

I've personally found the bulk of my Chicago purchases off the MLS.

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.

.- Navigating tricky landlord-tenant relationships when you live on the same property.While some people thrive in this environment, others find it difficult to balance personal space with their role as a landlord.### 3.

If the trust is disregarded and you and your wife file a joint tax return the property is reported on your personal joint return. 

Look into a DSCR, Debt Service Coverage Ratio, loan where the rental income can be used to qualify the cash out refinance instead of your personal income.To Your Success! 

Apparently they take preferred interest in your company or have you sign a UCC cash flow agreement.