I have reviewed the IRC publication for prohibit transactions between the plan and a disqualified person which contain a few criteria including selling, exchanging and leasing the property.

There has been such a journey with renovations and the person repairing the property, but hey!

@Austin Carr I don't know of any local groups who analyze deals in person, but I host a free session each Saturday at 4:00 P.M.

If you will be doing another refi (to pull out future equity or because you feel rates will get low enough to justify this), you probably want to go with a No Points option.Not all DSCR lenders offer no point options!

Hi Cliff,Here are some things to consider:Liability Protection: One of the biggest perks of having an LLC is that it helps protect your personal assets.

Feel free to reach out to me!

A person's budget is usually geared to their income.

Adding a person to the lease does not mean the rate changes but allows you to screen the person; but they are also adding a pet, which may necessitate more deposit and/or pet rent; the vaping is just a reminder for them to tell the child - NO. 

When I got the appraisal during closing, it appraised for a little higher than what I had offered so I was feeling pretty secure about the purchase.

If you have any questions feel free to reach out or send me an email.