We offer 30, 20, 15-year fixed-rate options as well as 5,7,or 10 year ARMs.

So there are large numbers of accountants who say it's OK as long as it is documented as an arms length transaction.In this case however, it is an LLC issue. 

My interest rate, if I had financed it would have been +7%+, unless I did an ARM. 

They offer 4.25% interest rate on a 10/6 ARM. 100% paid by the seller.

@Andrew AcunaPlenty of arm chair investors that don't know the difference between a shoe horn and shoe molding.Regrettably the majority of tenant problems are created by incompetent landlords.You have read the posts....my tenant regularly pays late.

It would most likely not give you asset protection since its a non-arms length transaction.

Trying to stay at arms length (close to relative type deal) but want to watch over an elderly person.

That's their cheaper, more competitive arm, but has more underwriting constraints.When it comes to flips, especially the quicker ones, it's not the rate that hurts you, but the points.

I had to waive the pet fees because my PM didn’t explicitly advertise it that way.8.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.