Wouldn't the downside of doing any of those things be that if the existing owner gets any liens or judgments, they will still attach to the property?

We also have a bank account at a smaller Chicago community bank, but there technology isn't as good to be honest.I think @Jonathan Greene's main point is don't step over dollars to pick up pennies. 

All they ask for is your last two months bank statements.

Quote from @Charles Perkins: Quote from @Natalie Kolodij: Quote from @Charles Perkins: I have an attached ADU unit in my personal residence as well as a business office/ business storage area in my home. 

In a very simplified example, 33.33% of the interest expense on this loan ($500k distributed / $1.5m loan balance) is now attached to the boat(s). 

Principal balance currently at 314kProperty Details: It's essentially a "2-in-1" property, with the main unit rented out for $1,900/month and an attached ADU bringing in an additional $1,200/month.

This way, I can get the bank statements for the property and categorize and reconcile everything. 

Has anyone tried this paid program - Just Be The Bank: How WE Generate Passive Income & Wealth in Real Estate. 

@Ken M. we live in one, it has an attached unit, but with a door that passes through from both units.

Additionally, I have $100,000 in cash in the bank, and my monthly expenses for my home and family are around $3,500.My wife earns between $100,000 and $120,000 from her W2 job, while I've recently lost my job but found a new one that pays $65,000 a year.