Andrew, we've been using a tool that we created to analyze all of the on market properties in our area at once, so you can filter the best ones. 

*This post does not create an attorney-client or CPA-client relationship. 

The longer the better, but keep in mind that many of these structures have severe prepayment penalties so using 10 year debt for a 3-year hold creates a problem. 

Looking forward to building a strong network and creating win-win partnerships!

I am here to create a business strategy that protects personal and business investments and mitigates risk,  procure a coach or mentor, and set up tax strategies to create long-term wealth for myself and my family. 

What I wrote above does not create an attorney/client relationship between us.

The concern with the DSCR loan is that I need to make the property present as though it's rented to individuals during appraisal (tough since it's a working rehab facility now) and must create another lease that shows the tenant as personal and not a company.

Would it be a good idea to create an LLC, let's call it "2500 Oak Street LLC" (fictitious new address) then list the new LLC as the owner of the home?

I create a simple spreadsheet and compare my CoC return and Return on Equity (ROE).

However, California treats rental income as passive regardless of REP status, so these benefits won’t apply at the state level.This post does not create a CPA-Client relationship.