The 70% LTV and 3% origination cost you mentioned are typical, but they can definitely vary depending on the lender and the specific deal.Regarding the LLC or Trust, you're right, it's a good idea to explore those options for asset protection and potential tax benefits.

Make sure you don't get into consumer debt again after paying things off

., but also fortunate that your borrower didn’t contest your business-purpose loan as being for a consumer purpose.

@Tom Chen is pretty much correct in explaining how it works and how your investment is protected.

Every step of the way it is complicated, counter intuitive, and time consuming. 

If the purpose for the entity is liability protection, you should be having a conversation with an attorney.If the purpose for the entity the accountant should be able to provide any feedback if there is any tax saving opportuities with the LLC formation.Best of luck to you

Investment mortgages, like DSCR loans for investment properties, typically come with prepayment penalties (PPP) to protect against prepayment risk and the keep portfolio CPR in line.

@Himateja Madala The STR world can be vastly different from LTR investments and they can consume a lot of your time.

The bank could sell these houses so much easier if they protected them just slightly. 

Ask for them to remove the tree.Fifth, see if you can apply to get a protective order from a court to maintain the property.