Based on your description, it sounds like you have an existing Coach House property (located at therear of the lot) which is Legally a 2-Unit building but at some point was converted to a 3-Unit building.First and foremost I wanted to clarify that RT-4 does not mean your property is "Zoned for 4 units".

Whoever coached you into that when you bought it steered you wrong, and now 4 years later you are seeing how it's problematic when it comes to an exit or refinance.Without the LLC, if you were on title jointly, even with the loan just in your partner's name, you could have just done a cash out refinance into your name, without the hassle of a purchase transaction and down payment.As it stands now, assuming you are 50/50 owner of the LLC and not a majority owner, the only way to do this is a purchase transaction to buy the property from the LLC.

If you need a little guidance and saving time is important to you, get a coach.

There is a difference in some people's minds between a "mentor" and a "coach".

My real estate investing coach taught me this from day one.....if you are looking to get into real estate as a way to gain financial freedom and work less, then there is only one answer to this question.....CASH FLOW is KING!!   

Account Closed - I agree, a coach is not required but a mentor is in my opinion. 

Likes to coach this topic.

Hi @Mike Terry, I agree with @Nicholas L. on the BP podcasts and Zuber and Coach Carson as an alternative.

Now we need to factor in the other players, defenders, 3rd parties (coaches, refs, fans, etc).

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