Depending on your debt to income, you might have to sell or have an executed lease to secure financing to buy the second home.

Usually that means that they have hard assets that can be liened and potentially sold to pay off the debt.

were these all BRRRRs that were purchased with cash or short term debt and then refinanced? 

Invest in a syndication - debt funds may get you 8-10% which is a lot better than that.

It's becoming nationally known, so hosts who manage their properties correctly are still seeing wonderful revenue numbers!

We have allowed tenants to resolve past due debts or provide letters from previous apartment complexes confirming that damages or unpaid rent were not their responsibility.

First step would be to work with a good investor agent, second step would be getting preapproved so you know what's within your budget for your debt-to-income ratio, and third step is working with your agent to build out the rest of your time and finding a great investment deal!

Hard money lenders focus more on the property’s value rather than your personal debt to income ratio (which traditional banks use) allowing for quicker approval and funding.

I’d like to keep the current fixed-rate mortgage in place and, if possible, have the debt transferred to the LLC as well.

That said, I will still try to provide some “clarity”.Purchasing a property “subject to “ the existing debt can be done two ways.