However, it won’t generate rental income like a duplex or multi-family property.

I own and operate a property management firm in Chicago. 

I was told that if you purchase a property using a conventional loan (mortgage in your name), that within a month or so after you purchase the property, you can use a Quick Claim Deed or Warranty Deed to transfer the name on the Deed of the property to your LLC.

If you are brand new, drive around and make notes of just a few properties that might be looking to sell based on their upkeep.

I have 2 properties that are beside each other in an area that is undergoing substantial development.

I’d appreciate your insights on a complex insurance setup for my recent property purchase.My Setup:• Property purchased in FL under a Trust• Trust is owned by an LLC in FL• Holding company LLC in WY owns the FL LLCSituation:I acquired the property through a subject-to (sub-to) deal, taking over the seller’s mortgage, and I’m arranging insurance coverage.My attorney suggests I:1.

It's technically not an ADU if it's the only property on land as it's an accessory dwelling unit to a main unit.

If you do not have a property lined up already, it may make more sense to go with A HELOC.

I have a family member that owns a lot and residential property in Downtown Detroit.

I did post a seperate one but we are also currently looking into getting an All in One loan for a second home/investment property in Texas.