Hi everyone, Question - If I were to purchase an investment property through my rental property LLC using a DSCR loan, can I rent the property from my own LLC (would live there while updating the property)?

Call through this list and find out what the lenders will do.  

.- Underwrite the property to breakeven or small positive cash flow as a standalone long-term rental to a single tenant.

Just my two cents from someone who's been through it all!

You can buy for cash flow and like anywhere have to be discerning about the location,d the developer and the rules around short term rentals.

Today, if you wait a little longer, appreciation alone has picked up almost a third of what we were aiming to force through a high-effort rehab.

In my opinion and through observation, most people who have children prefer to live in the surrounding counties because of the school systems, while still not great, but easily better than Albany's schools.

You may have already purchased QBO or are midway through using it, but if you're still researching, check out Baselane before you decide. 

With no equity and negative cash flow from the get-go, I'd say if you want a hole to throw money into, get yourself a nice boat. 

Through online research, eXp keeps coming up as one of the better options for part-time agents.