Now they are requesting 115,957 for 3 months of prepaid interest and also for 3rd party escrow bridge fee.

To get the bridge loan from Genie Investments It is required that we must put up prepaid interest for the 90 day time Or until the Beloc loan funded in my case it was $360,000.

This helps the people who struggle to even get prepaid credit cards. 

Complex structures are expensive to set up.They will also have expensive annual costs from LLC fees, registered agent fees along with requesting advice from your attorney on how to do transactions properly.Furthermore, all the bank accounts / credit cards / debit cards / checkbooks that you will have will be overkill.I personally own all the properties I have in my personal name.

Lien holder will POSSIBLY pay 3% of buyer's closing cost, escrow, and prepaids ONLY if buyer is getting financing.8.

The company I use for ACH requires a pre-printed check with their name on it (which must match the tenant's name) or a letter from their bank on bank letterhead (again with the name match) to imitate the ACH debit. 

Usually rents that are paid to the original owner / Seller are collected prior to closing, the closer has a document Assumption and Assignment of leases,, this assigns your lease to new owner, and rents are prorated between buyer and seller at closing if it's mid month.. a debit to seller, a credit to buyer, and security deposits with interest are credited to buyer at closing. 

I want to be easy for my guests to navigate the website, book a reservation, pay with a credit/debit card, I want to collect money easily, and I want it to integrate well with Hospitable (PMS) and Turno (cleaning schedule tool). 

It is also a great state for anonymity.Talk to an attorney if it is a great state to form it in based on your situation.I think creating multiple LLC's can be overkill.Be mindful that each LLC requires their own separate bank account which is another debit card, account number, checkbook that you have to maintain.You may need to pay multiple costs for LLC Fees, Registered agent fees, etc.best of luck.

The cost ($3k, net of pre-paids) of a refi is relatively low but still gives me pause.