Transferring ownership to your LLC might trigger transfer taxes or reassessment, depending on your local regulations.Commercial lenders will evaluate your loan based on the property’s cash flow (DSCR) rather than your personal income, which is great for freeing up your DTI. 

@Gerald Koonce Private lending from family members is allowed with proper documentation and compliance.

Been doing a ton of research on REI over the past few months and am ready to pull the trigger next year.

This approach saves you time and effort while keeping you in compliance.

The $450K will be returned to me as payback of my loan to the intermediary, without trigger any capital gain taxes, right?

Since non-permitted work could impact insurance or liability, I’d consult local authorities, hire professionals, and confirm zoning compliance to ensure a smooth process.Good luck!

If you know what an "average" deal looks like then pull the trigger on one that looks above average.

- Compliance - always making sure we are following NJ State Law.

Do what you need to do to get in compliance w/ local laws to serve as a property manager.

I know what exactly it takes to obtain a post-construction permit to bring any un permitted structure into compliance.