Through the LLC structure it is possible to take advantage of the existing mortgages modified first at 4,125% 22yers and 1%, yes one percent, for 40 years.

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

My plan is to live in one of the units while renting out the others.

., so do you mean living in one state while a local PM manages a STR for you in the other state?

I just signed on with one of my rental properties.

I get FinTech is a high-risk activity, but imagine the industry will consolidate to one or a few strong players.

That doesn't seem right about having to chase your money - but would need a lot more info to provide a better opinion. also are you investing in one property and is your name secured or you giving an unsecured loan? 

Using a recent example from one of my deals, I saw firsthand how inaccurate comps, misclassifications, and unfair adjustments could impact an appraisal by tens of thousands of dollars.I’d love to hear from other investors—have you ever had to dispute an appraisal?

I purchased a fix and flip that got complicated when we found one of the basement walls was bowing in.

Most likely one of two issues. (1) You don't have an investment grade deal; or (2) you don't have the relationships yet to assign a contract.