They have more skin in the game then you do.Make sure you get clear title.

And you're going to pay 800 min to the CA franchise tax board no matter where the LLC is...

They are giving tax incentives if you qualify.

The closing costs for FHA are out of this world so I wanted to go conventional for a few reasons Smoother closeI know I can qualify for the mortgage amount if I can burrow money to put down and eventually give back of course :)Stronger deal than FHA ___________________Rents $2495Unit 1- $895Unit 2- $750Unit 3- Vacant Unit 4- $850Expenses Property Taxes : $245/moInsurance : $227/moVacancy : 5% (extremely strong rental area)PM: 7% ($171.50)Lawn care: $50/moReserves : $100/moCap ex: $100/MO (very well taken care of stainless steel throughout, roof 5 years old, new paint, HVAC 5-6 years old)Expenses $893.50(Income) Rent - expenses =  (NOI) $1476.75Mortgage- $969 (With bridge loan or other burrowed money 30% down (87k) 70%LTVNOI - Mortgage = Cashflow ($507.50)Bridge loan payment - $580/MO87k at 8% 2-3 year balloon -$72.51 cashflow with (bridge loan)$507.59 cashflow without bridge loanKeep in mind I did this for only 3 units, I will be owner occupying this property or should I not?!

I cant say for sure since I dot know your score, your income and your total debt. if for some reason you dont qualify for conventional financing then seek out private money.

They have a set of rules to go by for qualifying you, but the rate/terms could vary from lender to lender.Shop around like you would for anything else.There is a Credit Union here in San Antonio that will pay up to$5k of your closing costs. 

Brush up on what you learned while playing politics while running for middle school class president, get on the HOA board, and fix it.

They have more skin in the game then you do.Make sure you get clear title.

Loan qualifying and appraisals aren't going to be an issue, unlike a regular sale.

Property is an operating chicken farm (chickens net over $90k income/year) with an operating pet boarding Kennel (nets over $100k per year) along with over 80 acres of tillable land, a newly renovated 4 br/3 bath 2500 sq ft home, large (100x200) shed/building/garage and separate office building (12x24) for Kennel.