Furthermore, the heat poses elevated wildfire risk, which could partly be why in two filings with the California State’s Department of Insurance on Thursday, State Farm disclosed it is seeking a 30% rate increase for homeowners, a 36% increase for condo owners and a 52% increase for renters.No matter what side of the political divide, in my near forty years on this planet I have personally noticed local and global warming.

I was thinking of purchasing small multifam 2-4 units with DSCR and using personal loans to cover the 20-25% DP.

Every where we asked, it is not possible to convert from our personal name to an LLC (which own by us). 

We could also go with a private money lender on the $190K - just need to find the person!

Personally, I’ve never had a bad military tenant though.

The Guarantor agrees to be personally liable under the terms and obligations of the Debtor in this Agreement.Borrower's Known Assets: Home in Florida with 300K+ in equity, bitcoin in wallet $500K, 401K $500K+, two small businesses (equity unknown).I hope this is enough info to get the conversation started.

Hi guys, I realize this thread is old but it is exactly the kind of conversation I was looking for.

Really great person to work with. 

Now, I believe the right legal CYA move is to have one LLC for each individual property, but personally, I don't want to keep up with the bookkeeping on that! 

The magical power of a personal guarantee by an officer of the company is that it aligns the spending preferences of the company with those of the guarantor, which will just happen to align with your preferences.Truly an amazing power, in my opinion.