If I may suggest, try reaching out to Hugo Pinheiro at "Credível" as well for a second opinion, just for due diligence's sake, and see what he says.

You can suggest performing background checks, credit assessments, or offering a higher down payment to mitigate risk.### 6.

That being said, this isn't a simple answer.Pros:Better financing terms for 4plex.  

Can someone explain in simple terms what prop 33 means in California?

Here’s what I’d suggest: 1.

EXAMPLE: college student living with parent(s).Regarding using child support - suggest you follow mortgage requirements:1) Need copy of divorce decree to determine ages of children, so you can confirm how long it will continue.2) Need proof of at least 3-6 months of actual payments, as too many deadbeat dads.

Hey Abner, As others suggested, check if they have an NMLS license.

My thoughts have been to use half for 20% down on next primary and the rest for a rental property OR put all $150k into a multifamily and house hack for 1-2 years then do a HELOC and do it all over.What would you suggest if you were just starting out? 

Also, any suggestion of things to watch out for will be greatly appreciated.  

It was super simple to do, and as long as you're personally guaranteeing the loan, you should be fine.Regarding your question, it's generally safer to pay the down payment from your personal account first, then transfer the deed to your LLC afterward.