. % of ownership will be part of the conversation you have with the lawyer. 

Increased demand for housing, both rental and ownership, can really open up some interesting investment opportunities.

Congrats on getting the offer accepted, and it’s awesome you’re thinking ahead about structuring the ownership in an LLC.

When it comes to cash-out refi, lenders will look at the new appraised value rather than your purchase price, but they often want to see a bit more seasoning—usually 6-12 months ownership.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Hi Jhamari – Setting up ownership through an LLC could be one of the approach, though there are more variables to consider it.

Hi @Brett Jurgens,I agree with your points, the natural response is home ownership in the Midwest.

This entity will hold ownership interests in any real estate-owning entities I create.

Home ownership is often not looked at as an investment, but it almost always is an appreciation boom.

If you connect the lease (right to rent the property) and the option (right to purchase) you will be providing the renter/purchaser certain ownership rights that are above the rights of a tenant.