I haven’t loaned any money out and not sure if I will, but definitely believe it is a great way to make money.  

What happens if you buy the duplex with a conventional loan with the purpose to build an ADU to move in shortly afterwards?

I have researched the different kinds of loans for this but I would love to speak with any lenders or other investors in this area.

And now another 1k of principal paydown per year on the 100k additional money in the new loan.

If the WY LLC gets a loan there is a security instrument (deed of trust or mortgage) that needs to be signed and recorded. 

So keep that in mind when you get your loan. 

If you buy primary you only exclude $750k loan interest if you itemize deductions instead of taking standard.

I had a response on a previous post this year about what the private lending restrictions will be here --> https://www.biggerpockets.com/forums/22/topics/1174919-bough...Here's a re-post of that information though:------------------------------------I do have a DSCR lender who can assist with a limited recourse loan that will close in the name of a self-directed IRA.

Traditional lender financing with 30-year fixed loan and 25% downpayment.

Heidi Pagano at C2 Financial is amazing to work with, patient and knowledgeable on all types of loans.