I've always held title in an LLC name, the main reason being limiting my liability in the event that a tenant or someone else initiates a lawsuit or other action as a result of something that occurred on the property (nothing to do with financing- as you note the bank has the overriding claim).  

Also, is it possible for us to have him convey the deed as a limited warranty instead of a Quitclaim, without starting the quiet title process?

I have been looking at interest rate hikes in the past and the last four of them did not lead to a loss in property values.

Property located in New Mexico, very rural, very limited in choice in repairmen and no property managers.

One of the reasons is I claimed losses on my 2 rentals.

One problem I could see with this is that depending on how much longer you plan to move around you could reach your limit for being able to borrow for more properties and end up renting where you are stationed instead of owning.

But you don't have to do it in such a way to limit your active investing.Use refinances now while money's easy to separate your debt from cash properties and personal from business.I'm guessing that IN has protections for homeowners and your primary residence. 

And does this limit what I can apply these funds towards in the future? 

Usually what are the conditions for rent loss coverage to kick in? 

Hello everybody, I am trying to work up my first deal in Quincy IL, which holds about 60,000 people. I'm very new to the idea of Real Estate Investing, and am driven to make it profitable while working full time. Sinc...