If you are buying in your own name, then obviously you won't have this as a formally separate entity.But the bookkeeping will be so much easier at tax time if you set up bank accounts for the rental property separate from accounts you use for your personal expenses.

Either way, you're going to want to make sure for both lending and your own records that your husband's company is submitting formal invoices on their letterhead for the work that has been completed for your draw requests. 

I've been around for over 30 years and I have a formal credit background from 2 of the largest banks in the world.

A written agreement is valid and need not be formalized by a deed.”* Some kind of joint venture or common interest development.

Purchase price: $400,000Multifamily duplex in Merry Oaks, each unit is 2 bedroom and 1 bath, this transaction was a Judicial sale sold as is and was subject to 10 day upset bid period with Mecklenburg County w/ free and clear title, 6 months later & Zillows zestimate is $577,100 before any repairs or updates have been made. 1827 Merry Oaks Rd, Charlotte, NC 28205 📍#realestate #realtor #investing #property #houseflipping #realestateagent #biggerpocketsWhat made you interested in investing in this type of deal?

Not knowing the difference between judicial and non judicial foreclosure6.

As others have said, I would talk with your CPA and asset protection attorney for formal advice.

Have no real formal training, on subto 

For first-timers, what normally causes the most heartburn is the rule that you have to formally identify what you want to buy within 45 days of your sale. 

What attracts me about this approach is the ability of the investor to add meaningful equity through judicious deal selection and repairs, the leverage possibilities and the ability to put your capital to work over and over (high velocity).