In commercial "Double Closing" are MUCH easier.

Makes thing easier to remove for repairs or replacements with out tearing up edges.

InMichigan these days that should be easier to do thanin, say, California.Best Wishes.

LLC is MUCH easier to manage the paperwork aspect.

So in our targeted "moderate" appreciating markets where we like to see 7-9%, we are in a 17%-19% equity position at completion.

It’s just a huge headache and one that I don’t want to deal with.There is another way that not only helps people get into houses and allows for easier qualifying at the end of the term, to buy a house; it allows the resident (renters) to just get a refinance instead of a new loan.

The idea is they buy multi-families in a targeted community below FMV, resell it to you the investor at FMV and provide some management services and what they claim to be "cash reserves" but are really proceeds from the loan you take out.

I've started looking at pricier units in better neighborhoods (not the best, but not the worst) because that $20K difference in price really doesn't affect my debt payments significantly, but it can make a property easier to rent.Right now, I look at MLS properties; craigslist (which in my area is mostly MLS anyway); classifieds for FSBO; and a couple of bank REO sites.

I never walk in asking for the lease option, but you will get them if you can sell it as an option... in this discounted market they are easier to push every day...

The more exit strategies you have, the less stress you'll have to deal with and the easier it will be to move from deal to deal.I don't know of a general rule of thumb in how much you should leverage.