Often times pro investors will create separate LLCs for each of the properties they buy to limit the risk. 

Feel free to share your experiences and insights as I am eager to hear from those actively involved in the market.

Currently, the rental income would not cover the mortgage payments, but I'm considering refinancing if interest rates decrease (possibly conventional to free up VA entitlement) as well as adding a fifth bedroom to increase rental income.My Plans: I intend to retain the NC property due to a stable tenant with a recently renewed year-long lease.

This is totally free, and NO PITCHING at all. 

They can provide personalized advice based on current tax laws and your individual circumstances.Please feel free to reach out to me directly if you need!

**Risk of Cross-Collateralization**: All properties are typically used as collateral, so if one property underperforms or defaults, it can affect the entire portfolio. 2.

Our Playlist Beta Membership gives you access to the following: 🔐Unlimited audiobook downloads of 37+ real estate investing and business books🔐Unlimited ad-free podcasts including Real Estate, On The Market, Money, Rookie Business, and DailyI'm sorry for the confusion and would be happy to clear up any more questions!

Yeah, I think 140 stuck because I actually got my VA COE last year when I was considering moving and wanted to free up some dp cash for investments.

(They are no longer taking the high risk of insuring rental properties in CA).

There are plenty of free services like Credit Karma or Chase Credit Journey to notify you of a change or inquiry on your credit.