I have 3 individuals renting a condo together that is 3 bed 3 bath.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

In my firm, we underwrite the Sponsor as a company in addition to their individual offerings.

Hey @Stephanie Medina, this comes up fairly regularly and is really an individual situation.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Regarding the masterminds, I'm in two and they have been hugely impactful for my growth, both as an individual and my real estate/business growth. 

Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution.

A lender that specializes in distressed properties can help you find the right financing for your scenario.The Bottom LineInvestors will find unique opportunities with distressed properties, but the myths need to be dispelled.

Dscr will be useful in the future for fixer uppers and unique buys. 

If you and your husband own the relinquished property in your individual names, and you intend to own the replacement property in an LLC, if both you and your husband are members of the LLC it will be deemed a partnership unless you live in a community property state.