Hello,I'm considering a triplex for buy-and-hold in Los Angeles, whose current rents are 45% below market, but if you could raise rents, it would mean the difference between us having -$200 versus +$1500 in cashflow.

Traveling nurses are a great market, and in a small way you are supporting the local community by providing housing to a critical need.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Though, this process will be the same for the other state (if you created a CA LLC you may need to register it as a foreign LLC in the state in which you are doing business/holding property).

or we can hold hands and take a walk in the park heheThanks for reading and I'm looking forward to hearing from you 

You would then hold the loan on a 90-95% LTV product at 5% (Which is taxed at ordinary income).

If so I'm assuming that there is a Holding or Operating Company that then owns all 2,500 of these LLCs? 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

It’s easy.Extra thoughts:I did not include the cost to sell in this scenario because in this scenario we are imagining holding the property for longer than 5 years.Extra benefit towards house hacking:Down Payment assistance – If you make less than 150k you can qualify for down payment assistance.

My credit score and history is great so it’s only my income that’s holding me back, but I should be able mitigate that with a qualified co-signer if I can’t find better work.