You could also look into non-recourse loans.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

If you have a loan, you may wish to look into due-on-transfer clauses.

@Sandra Ho, It sounds like you are talking about late payments on their credit report for things like credit cards, car payments, student loans, etc.

if you are getting just started, i would just use your personal name and get the freddie/fannie 30 yr fixed loans. gives you way better cashflows up front which allows you to grow faster in the beginning. 

We financed this deal using a conventional loan, and taking portions of my 401K out to make the down payment and stage the house for STR and MTR.

Hi everyone, So I just purchased 2 properties and it is part of a portfolio loan.

Then all the number breakdowns were based on 10% down payment using 2nd home loans.

If you are looking to resell it, likely a bridge loan would make sense.

Remember that as a serviceman, you get excellent benefits from the VA loan that can be used to house hack and for investment properties as you can use your allotment on more than one property at a time.