For example, I know that Lima One will waive a property's seasoning period if you use them for both the initial hard money loan and the longer-term DSCR loan.

Alternatively, if its for the hopes of accessing future real estate loans via the LLC then it may be a moot point as a lot of these bigger banks won't lend on an LLC that's brand new and no history of cash inflows/outflows. 

It is easy to show a situation where someone has a rental loss on the Federal return but has significant positive rental income in a state with no state sourced passive losses.

Being that it’s seller financing it’s a balloon payment at 5 years so I will need to refinance out of the loan before the 5 years.

We needed a new queen mattress for a just in case situation.

Requests for loans were most often made over the phone or in person with potential borrowers paying us a visit at our offices.

I have a friend that I just taught amortization to as he is trying to quickly pay off his mother's FHA loan to remove a co-signer, then cash out refi (yes, I explained interest rates right now).

Seems like a pretty standard situation there. 

Well, I'm only intimately familiar with the situation in the Jackson Metro area. 

Wealth of knowledge - It's easy to quote a loan, it is much much harder to get one closed.