If you have a portfolio of STR owner clients, why aren't you starting your own company instead of going under a big name agency?

Here are the details.The land owner would supply the land, I would supply all costs and construction.

Most lenders will require that you occupy a minimum 51% of the building in order for it to classify as owner occupied. 

I know that parts of the country you lose your homestead discount, change rate for non-owner occupied, or just nothing (like my market). 

Hey @Simeon Stubblefield, When it comes to entity or trust owned properties, it's hard to find accurate data to contact the representatives or owners.

The owner of this property that I am submitting an offer on in round rock is choosing not to provide a sellers disclosure.

I read the answers here and don't see anything problematic if we simply transfer the lot to the new LLC, and sla as the Trust is the only owner of the LLC.

Your best answer instead of guessing is to simply get to know the owner as best you can and ask as many questions as you can.

This guru/owner of this academy seems to have definitely had past success in the real estate market, and I am not clear to whether they are still active in the market because they have built two other businesses they seem to be focused on, I would assume to actively get out of the market and create something else instead.

@Kelvin NgFor private lending assuming its lending to non owner occupied I would say my preference is a LLC in case of any lawsuit as higher chance in lending but I know some who use personal name