Can't buy as often here in San Diego but 1 door here is worth 10-20 doors in the markets that I was investing and growing more wealth with less doors is more preferable and provides for less expenses among other issues.House hacking in San Diego is the best way to get started with investing locally and it will have an immense impact on your financial future and net worth in the long term.   

The shorter the prepayment term has an impact on increasing the rate.4.

The additional advantage to a DSCR loan is that they do not impact your DTI and  you can keep them inside of an entity to help provide an additional layer of liability coverage if you would likeEntities would also allow you to be flexible in your ownership structure, if you need to add someone like a credit partner to help get better terms.Just shot you a DM, would love to see how we can help.  

They can vary widely and significantly impact the overall cost of homeownership.

Troy,In addition to what Melanie listed I would add, you need to find out about the local, state, or federal guidelines (if any) that impact the setup of the property.  

@Andrew Steffens  That's interesting about spring training - we have that in Lakeland with my home state Detroit Tigers, but I don't think that really has much of an impact on us. 

This analysis is demonstrated in our chart, providing a clear visual of how even minor fluctuations in cap rates can impact your investment outcome dramatically.

Why would they be interested to do this when they know there is no impact to their rent, or whatsoever?

As soon as you remove the mortgage you will see an impact on your credit report.Another thing is that you have to make sure the LLC has its own bank account or you will be commingling.One thing that I am seeing that won't benefit you is that you can't benefit of homestead if you do this which will increase your property taxes though I am not sure how that is impacted in California.

What are the impacts of trying to do both?