IRA funds LLC bank account and funds are deployed for investments and property held in the LLC. 

You'll have the Parent or Master LLC and then each property can be held or titled to the different Series LLCs you form.

The purchase prices were 170k and 180k respectively and the budgets were 90k and 100k respectively and they could've gotten a better rate with a credit union, but a credit union will not supply the rehab funds - HML does.  3) The application would be taken in, project numbers would be held up to lender guidelines according to your exp and your credit. 

It's generally a useful tool for an investor who is estate planning and has a step-up in basis event on the horizon and can liquidate out of the REIT easier than out of the traditionally held property. 

Just make sure they allow units to be held as rentals, if so, then what are the terms and conditions if any.Good luck!

It can be a looooong process here compared to states like AZ, with your deposit being held for more than 6 months, so you have to understand the process.

Should be in the parkway (on the street side of the sidewalk), look for a blue metal circle in the grass somewhere.

My roof is not dark (it's metal, orange-like color) but it's not really visible given the higher elevation compared to the street. 

I was never licensed and never wanted a license.I don't like being held to a "higher standard" lolIt's cool being able to tell Wise that he is a wanker and not get in trouble by the division of real estate for doing so haha.Also, you can market and sell what you own without having a license.PM is a different story and as you mentioned mate, an officer of the company has to be a broker in order to satisfy the division of real estate.We are actually double d#$%ing and have two brokers as officers as the division didn't like that our broker was in Florida so now we had to get one in Toledo also.If only I was a whistle blower, could make a nice buck as I know of at least 2,000 units illegally managed in town by folks without a license or broker.🤷‍♂️ thats why we worked together on deals..  

When multiple properties are held by the LLC, lenders may calculate an average or combined DSCR across the portfolio.