(generally takes 60-90 days to close an assumption)I purchased my most recent primary residence with a an assumable VA loan and am saving about $1,100 per month on my mortgage payment compared to a loan written at today's rates and I am also enjoying about 2.5x the principal paydown per month as well!!

I'm interested in Real Estate investing and have been saving money for a down payment.

Do I need to make payments to contractors, etc from accounts with the LLC name on them or can the accounts just have my first and last name (personal accounts)?

Just use the majorty for down payments and then some safe money.

I was looking on the product matrix for the Fannie Mae Homestyle loan and it says that they accept Community seconds for down payment.

It means a smaller upfront payment but still gives you some cash for future investments.

As such, payments that you make need to be prorated between business deductions and personal deductions.

Primary - 4bed/2bath, 2200SF, 3car attached, 1/2acre lotMortgage = $330k, Payment = $2100 PITI, Value = $450-475kRental - 4bed/2bath, 1600SF, 2car detached, 1/2acre lotMortgage = $190k, Payment = $1600 PITI, Rent = $2100/mo, Value = $330-350k-Market rent is closer to $2500, but we kept the rent low to help the family that lives there.

You have to calculate based on a more than a few things like loan amount, down payment, taxes, Insurance, (Any HOA) PMI, based on credit, etc.If you are 1099 the Bank can look at the most recent 1099/Schedule C if you have been in business for 5 years or more with a 25% ownership in company or more. 

I make $100k a year and only have one vehicle payment for total debt.