However, conventional loans get harder and harder the more properties you own and the more complicated your taxes get, especially if you don't have a W2 or strong/stable income.Even though I can get conventional loans, I often try to go asset-based or commercial lending because I don't want to deal with tax returns (I always file at the end of my extensions) or worry about DTI, and I want to have loans to my LLC.

Hey all, I just signed a year lease as a tenant in June, and due to complications from Covid, am now trying to get out of said lease.

If she were secured in the first position on a few single-family houses at 60-75% loan-to-value (LTV), she could very easily receive a 3-4% return on her funds with no tenants, no toilets, and very few "moving parts" to complicate things!

@Tim O'Keefe it's a little unclear what you mean (or they mean) by "rolling one mortgage into another", but I'm thinking they might be referring to having one mortgage secured by both properties, which is sometimes called a "blanket mortgage".There's nothing inherently bad about that and if it lets you get the deal done you might want to consider it, but it does mean selling one (but not the other) down the line is a little more complicated.

I had them sign a note that was enforceable judicially in Northern California (waiver of personal jurisdiction). 

Nevertheless, it is a complicated process involving multiple steps- to name a few, you need to spend 100% of the amount to "substantially improve " the property.

Jacob, the analysis get complicated fast with the introduction of a possible refi - whether the bank would qualify as bona fide purchaser for value is going to be heavily dependent on state law under those circumstances - you really need to consult local counsel on an issue like that. 

Makes it easy for them and helps reduce the vacancy on my end.Pre-covid, I'd probably make them a deal to help show the house to prospective renters to reduce their fee, but nowadays, that gets a lot more complicated.

If you just want the business to grow and don’t take any cash rental profit out, then I would recommend a C-Corp because a pass-through entity (LLC) trickles down to your personal tax return, which would be in Argentina, but Uncle Sam would want a cut so you would also have to file a personal return in USA as well, so it gets quite complicated. 

Thanks,JayJay,This is really complicated, and there's no reason for it.If you and your friend are investing in the syndication as limited partners, you already have limited liability in the investment.