If a Room for Rent is worth $1000/month, then reverse amortization at current interest rates between 6.5-8.5% for 30 year mortgage would set the price between $130,000 to $158,000.

We are currently under contract on one of the lots.

There are two, one bedroom apartments on the second floor and first floor is currently being used as a convenience store.

I currently have sold a few residential homes in my time as a realtor, but I'm more-so looking to become an active real estate investor and agent.

Most mortgage companies will not call loan due if payments are current but you do run that risk and need to be prepared to payoff or refi at a moments notice.

I'm currently working with an estate planning attorney and she said she said we could put the LLC in the Trust but said she was not the best person to advise on the pros and cons of that and that we should talk to a business law attorney.

In fact, given current boom in Stock market, one is way better off investing there.

Our LLC for NC currently has no houses under it.

The seller is currently attempting to purchase another property but is facing challenges due to the inability to hold two FHA loans simultaneously.

However, these units are new and there is not a significant oversupply of any kind of housing in the area currently.