I've even had the chance to secure cash-out refinances between 6.00-6.50% lately - keep an eye on the 5-year treasury, as 720+ credit and $100k+ properties will be eligible for rates that are about 2.5% over that daily treasury rate. 

@Nicholas KaniaLLCs and S-Corps are popular structures for businesses among real estate investors because they provide flexibility and protection from personal responsibility.

Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose.

Working with a knowledgeable real estate agent and keeping an eye on online listings can also help.

If you’re confident in these numbers, it could help mitigate the risk.Exit Strategy: Your plan to refinance after construction is solid, but keep an eye on where interest rates are heading and ensure the cash-out refinance will cover the HELOC without leaving you in a tight spot.It sounds like you're on the right track, but if you're still feeling uncertain, it might be worth consulting with a local real estate professional or financial advisor who can help you analyze the deal further.

For those out of state who want to invest in Baltimore , do yourself a favor research the area well , put your own eyes on it , run your numbers , then run them again . 

If you own the main LLC100% and most of sub-LLC’s, definitely speak to an attorney and let them give you options to protect yourself.

Is it more to protect me against fair housing? 

They can barley scrape up a downpayment let alone any commission...This "news" really just protects the rich more than anything. 

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.