Their combined income is 7x rent.

Decide whether your primary focus is cash flow, equity appreciation, or a combination of both.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

Combined with the price I paid through the auction, they are much higher than market valueproperty 1: paid 100k, owe 170k.

Also, I think people "Entertain!"

The strategy shouldn't be either umbrella insurance or an LLC it should be a combination of both at the most cost-effective price. 

The trick is to combine them without the initial negative cash flow.  

I have 50+ rental houses and a handful of office buildings and MF so I'm almost where I could pull it off by myself but I still think we could have more "pull" with a larger combined portfolio and shared resources.. 

Add the pref to the debt and you have 95% combined senior capital in front of the investor's common equity. 

Hi Alexander, On a full documentation loan, lenders will allow up to a 95% combined loan to value on a primary residence assuming income is strong enough to support your debt to income ratio and reserve requirements are met.