A revocable trust offers excellent estate planning benefits but provides limited liability protection and no tax advantages, while irrevocable trusts provide stronger protection but less flexibility.

If you can critically think, there's enough knowledge on this website to get you started for free.

Im not expert but Ive took out a heloc and dragged on going on my advise and it suckedHi @Mario Morales, There are 2 things I would pay attention to in the scenario you describe. (1) Most cash out loans are limited to 75% -80% LTV meaning you wouldn't be able to get all of your cash back out. (2) The interest rates I see in the market are closer than what you've listed.

With the right resources and help, you can still make it happen.There are options that can help make buying a home possible today — even if your savings are limited or your credit isn’t perfect.

However those with no to very limited experience will never get a fix and flip loan  from a bank. 4.

In contrast, a traditional TN LLC may face challenges due to limited charging order protection, potentially making it less secure against creditor actions.To address these concerns, some investors use a two-tier structure where a TN LLC—holding the property—is owned by a Wyoming holding LLC, benefiting from stronger asset protection laws.

If you do a rollover from your current HSA, make sure you’re aware of any fees or time limits.

If the tenant is from another state, a background check cost of up to $25 may also apply (sec. 704.085).It is unclear to me if I am actually in breach of this rule by charging the tenant more than the $25 limit, even though it is through a third party.

On top of that, I believe you'd be considered a "high earner" - there are limitations there as well.

However, in Los Angeles, multi-family properties can be expensive, so you’ll need to run the numbers carefully to ensure it cash flows.A few things to consider:FHA Loan Limits: Check the max FHA loan limit in LA for multi-families.Neighborhood Selection: Look in areas with strong rental demand but potential for appreciation (e.g., Inglewood, North Hollywood, Long Beach).Value-Add Potential: Minor renovations to force appreciation will help when doing a cash-out refinance or 1031 exchange later.If you have any other questions, send me a DM or email!