The main purpose is for asset protection.

I wrote the above for informational purposes.

Compared to some parts of the US, the figures might not look too impressive.

I wrote the above for informational purposes.

Hey everyone.When buying a 4-plex, or any investment property for that matter, what is the best way to “own” it for tax advantages/purposes? 

You don't compare one SFH to 10 apartments; you compare 10 SFHs to 10 apartments.

I don't go into properties without a 15% profit compared to ARV and a floor profit of $18k.

Very rare the cost to build, including land, engineering, utilities, impact fees, etc. is less than the cost to buy an existing duplex.....in a comparable neighborhood anyway.

You could try negotiating buy offering to agree to higher interest rate, higher monthly or more down in exchange for a 30yr but then you're kind of defeating the purpose.

I hope this isn’t a dumb question, but when comparing rates and terms for HELOCs from different banks, is it possible to provide my income/current expenses/credit score or SSN to run a credit check and estimated home value to different banks and get a good faith estimate of what the rate would be without having to apply first, since, from what I understand, I can’t apply at more than one bank at a time because it would be considered mortgage fraud.