Investment Info:Other buy & hold investment.

Would the best option be to just hold?

Mom and pop NY brokerages would be a better option, but they will have no training or systems, but will hold your license while you look.

HELOC: they are out there, but you typically have to hold title in your name and not under an entity. 70% LTV is usually the cap, and rates are double digits (mid teens).

You can always contact Support Team and they will be happy to help with any questions.

But from their website, they charge $28 per month for priority phone support.

Without that you can be sued personally for any issue within it on your str.Its much harder for people to pierce the corporate vail and sue you personally if your property is owned and managed in a LLC .Financing is one of the only drawbacks as it is a commercial process and banks usually like to see 3 years of a decent tax return.We have 19 properties and all are in an LLC and in fact we only hold 2-4 properties in each LLC (all are owned by one parent company and done in one flow through parent company)to even further shield the liability that may/can occur on a property.There is no doubt you are exposed to higher risk on many fronts if an investment property is held personally.

Buy and Hold?

Investment Info:Single-family residence buy & hold investment.

All in after closing/holding costs we were all in at about $1,270,000.