Good evening,Active duty military here and resident of south eastern NC (Wilmington area).

It’s worth exploring other small local banks or credit unions, as they often have more flexibility for investors like you.

I also have been speaking or will speak with Roofstock, Home Union, Rent to Retirement, and Marshall Reddick.

All the military service members I have worked with have really enjoyed not paying real estate taxes here in IL!

Is the lender a bank/credit union or hard/private money?

I am trying to decide whether or not I should go through a traditional bank (JPM), a morgage broker, or try and find a credit union.

🌞6️⃣ Rental Income Deductions: Earn income & deduct related expenses.7️⃣ Home Equity Loan Interest: Deduct interest if used to improve your home.8️⃣ Military Moving Expenses: Active-duty?

For residential mortgage, an LLC needs two years of its own tax returns or occasionally, a local credit union where you have an account will ok it.The bigger question is about your partnership.

@Sharad BagriI would open a bank account at a local bank or credit union that will lend on the properties you are buying.

Agree with Joe, but I'll add that I had a neighbor do this (I am in Union City) and it was an expensive process.