If it's owner occupied, you're fine to close it however you want.Not legal advice: https://hoplerwilms.com/blog/2023/11/20/what-is-the-garn-st-...

@Travis BiziorekYeah, please send the info my way!

Just got off the phone with the lender and confirmed.

If you want to proceed, please gather these few documents, and email them over to me.Photo ID: Please provide a clear copy of your valid photo identification.Proof of Social Security Number: Documentation confirming your Social Security Number.Homeowner Insurance Declaration Page: Is the cover letter with your policy number and coverage amounts.

I would look to find someone that would rent the easement from you or give you a portion of the revenue. 

@Steven Olivas how did we not take the time to ask you the right questions?

However, you have to take in consideration the amount that would cost you to use that money plus the new loan on the multifamily.

Now that you have the property purchased in the way you did, what are you looking to fix with an LLC that owns the property?

Here is the story:We sold a portfolio of rentals to a single buyer and part of the deal is we held back a 10% mortgage. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.