Hi Chelsea,The strategy of transferring the property into an LLC is for cases where you use a conventional loan.If you opt for a DSCR financing, you can buy the property with LLC vesting easily.

The only worth collateral has to a bank is how easily it can be liquidated in the event you default.

Not to mention that executory contracts don’t have the same benefits that sub to does because in a C4D the buyer does not have title and seller can easily cloud title or the seller can get a judgment against them or lien that attaches to the property. 

But for reasons out of my control Im equity rich and cash poor at this time.Youd think it would be an easily rectified situation, but seems not especially in a short time frame. 

additionally sometimes the listings are just garbage, cell phone pics, or no pics, and limited info will easily make a listing sit. 

One unit of the quad is vacant and it can 100% be house hacked if you really want to get into rentals easily.

At that point, not only might you qualify personally, but the property is profitable, so the financing should come much more easily. 

I have not purchased in San Diego area since Dec 2021 (I purchased $4m that month that I have easily made over $1m on those purchases, but we are negative on the cash flow).  

Investment property HELOCs are hard to find but a closed end 2nd mortgage on an investment property is going to easily be in the 10s and up for an interest rate.More about DSCR loans:DSCR loans won't use your income to underwrite the loan.

Austin can easily support this.