"EDIT: just found this article below that seems to be a bit newer.https://www.maxrealestateexposure.com/legal-requirement-for-bedroom/Hopefully this helps!

I am open to getting professional help so pleaserecommend any, if possibleHi Jodi..most lenders will require a six month seasoning however it’s possible to use the purchase price and do an immediate cash out refi or first position HELOC.

I have been reading online about this and I am hearing very mixed feedback. 2.

If the seller requires a balloon payment in 3-5 years, then can I  refinance once again the entire amount into a 30 year loan at the end of the balloon period? 

Just be aware of the rules wrt rehabbing since some require you to escrow funds for the rehab amount (that is if you are doing rehabs).  

If your LLC is sued, you will be required to defend the LLC, your name will then become known, and the plaintiff's attorneys will amend the complaint to include you.

In some states, a real estate license is required to originate private money business purpose loans.

I searched for the similar bill in 2024, but couldn't locate it online.

If you aren’t an experienced investor, most bank will require you to hire a professional pm company to oversee and manage the daily operations of such.Do you actually think that the PM company could afford to pay a manager out of the 4-6% they receive???

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?