FHA financingLoans backed by the Federal Housing Administration (FHA) are another option for financing real estate.

I can't imagine a bank or even the government will give a $50K loan to a new LLC. 

Each designated LLC has its own governing documents establishing its members, managers, and membership interests.

I see a lot of local inflation-indexed payrolls (government) (going up), and no FED pivot (yet) (going down).

That's awesome, a 24-unit could be a game changer for passive income.I can send you a due diligence checklist our team put together for multifamily and that might be really helpful for you (if anyone else is interested, I am happy to share with anyone who would like to see it).Here are good documents to gather / steps to complete during the due diligence process:- Appraisals- As-built construction documents (see what the build quality is and set up for electrical, HVAC, etc)- Easements- Encumbrances- Environmental reports and related correspondence- Government notices- Leases (with rent roll to verify)- Photographs - insist on looking at EVERY unit, otherwise you'll only see the ones the seller wants you to see- Previous site plans- Property surveys- Recent tax bills (can call the county to ask for an estimate on tax bills after sale)- Soil reports- Title reports, commitments, and policies- Zoning documents- Any other legal documents of significance that the seller has

I had my CPA prepare my federal and state tax returns and that came with estimated state income tax payments due quarterly which was helpful.

If this is going nowhere, I'd like my escrow money back.If the owner hasn’t tried to collect in three years, you can redeem through sdat, no need to track down owner/heirs etc. so just be patient while sdat works through it, pretty much every government agency is understaffed/overworked since Covid. 

Without it, the entity has no formal corporate governance. 

Navy Federal CU does HELOCs on investment SFR, and 90/10 on primary.

The reality is that mortgage rates aren’t dropping back to 3’s and 4’s again for a long time, if ever with all this government spending.