20 townhomes sounds like it would be sales, but I don't like to assume. 

However, due to keep purchasing real estate, my DTI is high and close to 50%.

They usually come with fairly steep rates and high fees/points at closing.

Close the deal through title company.Is that right? 

.👀2024 was only slightly better (by 100 closings) than 2023.Either way, this year and last year were the lowest homes sold since 2012 in Denver metro.

Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

Process is simple. 1. purchase contract2. send contract to title company3. bring cash to closing and you're done

Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.

(For example, IF I was able to purchase the first home (multi-family) outright, paid-in-full, then use a HELOC to pay for the down payment and closing costs for the second home, would that be a smarter approach?)

You will get plenty of that at your office sales meetings, office training, CE training, board and association training.