I am wondering for those who have an LLC for their rental properties if they are purchasing properties with the LLC or if they are purchasing under their name and then transferring to the LLC?

However, due to keep purchasing real estate, my DTI is high and close to 50%.

Purchase price: $137,000 Cash invested: $90,000 Sale price: $285,000 This was a single family home in Bates Hendricks.

For a purchase generally application would be to review an ID, asset statements, and LLC docs if neccesary. 

This sounds like a home run and a great first purchase!!

I don't think you would actually be able to purchase and maintain the policy with $750,000 replacement cost if they think it would cost $1.3 million to rebuild. 

It depends.On the property, the location, purchase price, demand in the location etc.Yes you can make it work but you must do your do diligence and run the numbers.

Yes quite a few of our 5,000 options have rate and term or purchase!

The substitute of collateral was more of a scenario where you sold for $155K, and instead of paying off the $88K loan in your scenario, those funds stayed at the title company and were used on a cash purchase happening nearby in date. 

As I build my career as an agent, I’m also passionate about real estate investing, specifically with a goal of purchasing multi-family, buy-and-hold properties where I can live in one unit and rent out the others.I’m here to network, learn from experienced investors, and contribute to the community.