🚫 “This seems priced too high.

The best option is securing financing that allows the LLC to buy the new property, as commercial or portfolio lenders may accommodate this.

Then we turn around and refinance into a 30 year fixed on step 2. 

What will be the indirect achievement that you want to achieve by using BP?

This will be negative cash flow if using sustained maintenance /cap ex.

Hey Paul,This is a great question, and it’s smart of you to dig deeper before trying something like this.

Curious how someone with a bit of real estate experience would handle this type of situation.

If you think this interest part is hard, the first partial year of depreciation is really going to throw you for a loop. 

This is very old but curious if you were successful with this? 

The properties are often flawed and no well-suited for a family to live there long term (lot's of bedrooms, but tiny living room, no yard, no garage etc), that's why they sold for a discount an get used as STR.