PennyMac will definitely not allow this.They do conforming loans, conforming loans cannot be in an LLC.You would need to refinance into a NON QM Loan.I would consider a DSCR Loan depending on the LTV and your DTI.With a low LTV a DSCR Loan can price out the same or less than a conventional loan.You then calculate how many years worth of tax savings it would take in order to recoup closing costs to see if it's worth doing it.Feel free to reach out I can give you a quote in minutes with no credit pull.

I'll try to respond to each component of your comment:- My idea of using an equity partnership as described above is coming from Brandon Turner's book "Investing in Real Estate With No (and Low) Money Down," and in the chapter on partnerships he goes through various why someone with cash may want to engage in a partnership.

They may have bridge funding available.

Good luck on your first flip :) When I looked into it I was shocked that it was 10k+ for the low end course.

- It gives you peace of mind to know that should a loss occur, having funds readily available to replace lost items will reduce the strain on your relationships.- It’s very inexpensive and easy to obtain a policy.

I do think southern NH/seacoast are great markets to invest in with potential for cashflow and high appreciation along with very low vacancy.

The S.O.T.A program works well, and is a good option to get a tough to rent vacancy filled if you invest in a low income area.The process of getting the deal done with them is pretty simple but pack your patience though if you get a bad case worker, you'll need it.

If you can do it for no or low cost, might as well.

My business is funding BRRR investors as a PML and I build homes I built homes in ocala and funded probably 200 plus BRRR deals in Orlando for my client there. that was in the day the big FLA wholesalers were licensed..

Frinee,I do have the option of paying it off with Roth 401K funds, which would mean 0 tax implications.