Nobody has a crystal ball and knows what the future holds, but if you want to introduce a partner/sell ownership interest its far easier if the property was originally owned as an LLC rather than in your personal name because selling membership interest in an LLC is far simpler than re-titling real estate. 

Originally posted by @Steve Bush:@Mel - we have 3 short term rentals in LA County at the moment. 

It's very easy for those "prying eyes" to see your transfer from the original title to the LLC (in California?)

I am originally from CA and am now in Texas, but I have a handful of properties and am a licensed Realtor, so I'd love to connect and help you out!

Originally posted by @Rick Gutierrez:It sounds that Vestright is teaching a strategy called Land Banking. 

For BRRRRs, seasoning requirement would be a big hurdle as conventional generally has a 12 months seasoning now.If you're focused on building relationships, the best would be to find a reputable and reviewed lender/broker and talk to the account executives/originator.

I would also shop with a local mortgage broker as currently United Wholesale Mortgage is running a 125 bps special on Government refinances through the end of September meaning if you did go FHA streamline then you should be getting a rate of around 5% (borrower paid)4) If you havent asked, at 700K+ loan tell your lender you want to go Borrower Paid and you expect them to only charge a 1% origination charge fee.

A few days later my banker called with some great news, thay had approved the loan and even upped the original amount to help cover some other expenses.

When you originally applied, you qualified based on both of your incomes.

I would offer interest on the original loan (thinking 5 percent).