Make sure whoever you put in there is financially responsible and I'd do a 6 month or month to month explaining in summer rates will increase.Keep us posted. 

Stanley - I would suggest that you go have 3-5 conversations with lenders and understand how much they are willing to lend to you given your financial situation.

Your best approach is to assume the loan in your personal name and explore legal and financial strategies to integrate your entity afterward.Feel free to reach out with further questions—I’d be happy to help!

You will be able to find a co-op apartment that allows rentals but whether you'd be able to close on it is another question.Co-ops with poor financials will have trouble selling units to borrowers using a mortgage.

I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well.

We have taken a few real estate classes and read countless books to grow our financial knowledge.

It also positions you to work more effectively with lenders and partners who want to see a professional financial setup.How are others here organizing their finances?

they got ahold of me on fb through one of my groups and claim to be a direct lender. they seem to good to be true. I want to make sure i dont get scammed out of $1,000's on my first big deal. thanks for any info. 

I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well.

Financially it's amazing, but there are a few things to keep a look out for.1.