The only nonrecourse loans out there are pure commercial, which carry a higher rate than DSCR. 

Consulting with an estate attorney who understands real estate investment structures can help ensure that your wishes are carried out efficiently.It sounds like you’re on the right track in terms of growing your portfolio, and refinancing into a DSCR loan under your LLC could be a smart move.

The second home transaction would require 10% down, carry a higher rate, and you can NOT use rental income to qualify.

If you own your washers and dryers you will probably make some decent money but get ready when something breaks and the tenants want it fixed right away.If you are priced lower than the local laundromat (which most are for some reason) your tenants not only have to carry all their stuff to the Laundromat but will have to spend more money and may want you to cover it.Also a Service Tech will probably charge $100 to show up plus parts. 

If so, a lot of that can come down to how he carries himself - something that can't always be taught.  

Now there can be some exceptions for expensing certain carrying costs, but without knowing specifics it's hard to say at this moment. 

. ^^^ This Here ^^^^^^^I worked for a company that bought land before entitling it and in 2008 they went under because they owned all this land, were paying carry on it and could not get it entitled.You get it under LOI.

Whereas my other LTR rentals B,C,D,E etc, can accumulate/share deductions and losses , as well as carry over.

Carry on with your investigation and any litigation as a judge just may agree with you.

Hi John,For something of this size, the seller might be willing to carry a portion, but odds are your lender wont approve of it.I would look for an equity partner if I were in your boat.