If you are set on closing under your personal name, you definitely want to check with your lender on that during the initial fact-finding stage. 

Quote from @Michael Poloncic: Three individuals signed a lease together, all friends, the lease is set up where each of them are expected to pay 1/3 of the rent.

.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.

If a Room for Rent is worth $1000/month, then reverse amortization at current interest rates between 6.5-8.5% for 30 year mortgage would set the price between $130,000 to $158,000.

Have you taken the time to sit down and reflect on last year and how you did compared to the goals you set for yourself in 2024?

@Daniel Vo, sent you a message but I am proof that you can start in your late 30's and figure this all out while still serving and setting yourself up to grow even more when you retire from the military.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

The out of the box strategies and set ups sold will never replace customized AP/Tax strategies based on individualized circumstances. 

The Heloc can also pose as a debt obstacle since its an open end mortgage a.k.a credit card.a mortgage is also set up over 30 years so it offers a lower rate and payment. 

Choose the one that offers the best deal and service, and you'll be set to move forward with the process.