You can close in the business name/LLC here.You are not required to have your investment property in the business name, however, some lenders and bank may require it if they are a purely business purpose, lending institution who servicing companies, mandate commercial purpose only.And yes, finally you can get landlord insurance.I recommend shopping around and comparing a few quotes to get started happy to connect to talk further strategy and detail.

Sometimes, building those relationships can lead to discovering unique financing solutions that aren’t readily available through traditional channels.I particularly enjoying going to the event that Keyrenter puts together in Coral Gables.

If you need to tap into equity before institutional options are available, i would turn to private money and see if someone is willing to lend you their idol funds or self directed IRA funds. 

👋I've been researching Bay City, Michigan, and I'm excited to share some potentially lucrative opportunities I've discovered.

Thank you LeAnn, It's going to be a slow road for me - working on debt reduction, then building credit for the LLC, but that gives me time to learn and discover what strategy is the best fit for me. 

Chad Littell from CoStar notes that while institutional investors adjusted their strategies early in response to rate hikes, individual investors have only recently begun scaling back.July Sales ReportAccording to CoStar’s July Commercial Repeat-Sale Indices (CCRSI), the equal-weighted U.S. composite index, tracking smaller market sales, showed only a 0.2% price increase from June, with prices down 0.7% year-over-year, marking the first annual decline since 2012.

I recently discovered may be able to receive funds elsewhere for the purchase.

You also risk:1) Committing mortgage fraud by misrepresenting the property and/or how you're using it.2) Exposing yourself to liability if the 3rd renter discovers they are in an illegal unit.3) Voiding your insurance.

So given the oppurtunity to inspect and discover this, you chose not to.

ALWAYS, ALWAYS, ALWAYS get the VERIFICATION OF DEPOSITS from the institution/bank where the money is AVAILABLE before letting anyone know about your deal!