I don't really need to know much else about someone - if they can't pass this test, why should I believe that they will be able to run a business that will generate cash?

Last minute, Insula states can't fund to a partnership or individual, needs LLC or Corporation.

(This well could be a generational thing and whatever the comfort level of the guest is.)

That will typically generate a response from the PM to negotiate a settlement and avoid an investigation.

Quote from @Beth Johnson: We pass all loan servicing charges through to the borrower including set-up fee, monthly fees, and any servicing charges such as payoff demand generation, and loan close out fees. 

My nightmare is with the lender (who was supposed to be an individual investor) but found out after the fact (partners didn't share information.)

C) This is not a real estate holding but a generational investment in our family memories.  

A Solo 401(k) may be advantageous for self-employed individuals, offering the potential for participant loans, higher contributions, and no custodian fees, as well as higher contribution limits and the option for tax-deferred or Roth contributions.This post does not create a CPA-Client relationship.

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

I’m no longer house hacking, and all three units are rented out, generating a total of $8,200/month in rental income.