Our lender’s instructions now require all acknowledgments by a notary employed by the title or escrow company.

Most 1099 self- employed investors generally write everything off so using 1040's, 1120's or 1065's is a no go for tax returns.

Thanks for the additional context.

Typically, the easiest way to verify this is to request additional documentation.

These are professionals with additional training and a stricter code of ethics.

(Approach - 2) - He says that if he is asked to pull permits, he is not responsible for any additional work that the inspector may throw (basically more money out of my pocket on the rehab costs).

In my opinion it's not worth for you to pay $15k in penalties and pay additional set of closing costs to do the refinance to be on another 5 year PPP to save $169.

Also I shopped very frugal, I would buy a lot of material wholesale or through auctions, and also I had the ability to buy from a former employer, a manufactured housing factory, that was also a huge savings for me.I had to do this deal this way.

You then could do a cash out refi and use the cash to purchase additional property if you wanted.

Some banks, however, will allow you to do a "transfer of ownership" to move the property back into your personal name when refinancing, but it could involve additional costs and paperwork.Hybrid Approach:Some investors choose to buy property in their personal name, refinance with the bank for better terms, and then transfer ownership to an LLC after the refinance.