Hello, You should really talk to an accountant about how to set it up for your best practices, that said we ran into an issue this week when we were working on an SBA loan for a client, and because he owns all his properties in his personal name, we couldn't use his rental income to get the SBA loan. 

Depending on long term gain, sometimes paying $350/mo is not bad (until you have repairs and or vacancy).

The downpayment was through my savings and the mortgage is a standard rental property loan.

We utilized the VA loan, so we paid all of the fees associated with that and then paid roughly $3500 for closing.

Hi,I'm thinking of doing Investment Property conventional Refi.I had my current loan for about a month, and previous loan for about 2 months.

Hello Paul,I think you need to look into the world of DSCR Rental loans, most of these loans are set up on 30 Fixed rates, you can also do hybrid Interest only loans as well. 

Sold for a significant profit, paid off mortgage, HELOC, and solar loan, made over $100k.

This will make things easier for the tenant and myself, especially if I decide to furnish a few units as short-term rentals. 

I have never managed anything other than what has been in our own portfolio which is 3 (although we just closed on our 4th and are going to BRRRR it) long term rentals and 3 short term rentals.

It is no surprise that the Prez appoints the Fed Chair.I'll take a wild guess that by July 2024, we'll see 5.5% loans again.