Bruce has been nothing but scaring me in all of my posts , even before this mess of Ukraine, inflation, and recession fears.  

@Daniel RongoI’d be cautious with Barcelona, the political situation is very shaky and some more turmoil could seriously spook foreign investors and crash the market

When I went to pull the permits for the roof at the licensing and permit office they said something that spooked me.

Some are bulls on overall home values, some are overall bears, but all agree that builders are skittish AF when it comes to getting spooked by rates (they build on borrowed adjustable rate debt, and they don't get the 7 or 10 year fixed intro period consumers get, it's typically adjustable right away, so rising rates makes it impossible to build out a spreadsheet projecting your costs, telling your investors what to expect and when, etc). 

If this has you spooked then you should get out before the fall.

Hello BP,I'm running into a road block trying to purchase a rental property and taking ownership with a new LLC, while guaranteeing the loan with my W2 income.This is not something that I foresaw having an issue with since we have zero debt now, as well as high credit scores and solid jobs/incomes.One lender I spoke to straight up said they won't do that and I would have to quitclaim (which I'm weary of) and the other would only do it as a 5 year balloon..I understand that some people don't think you should start out in an LLC but I'm younger and this is going to scale massively over 20-30 years before retirement, so I just want my corporate veil nailed shut to protect my other revenue streams.So anyways, am I not asking the right questions or giving them too much information and spooking them?

I guess I let that spook me.I see what you mean though about solving their problem.

This is because most sellers do not want to spook their property managers, who often lose their job when a property is sold.

I would wait and not risk spooking the bank on your personal residence.

The seller will not do a property walk through until we are under contract as he doesn't want to spook the tenants.