With two additional years under your belt perhaps you can tell us about some of the deals you done and, specifically, how this course helped you do those deals.Sure Jon,I had previously learned from another investor on how to work with borrowers on distressed notes and work out payment plans, pay offs or help them get refinanced.

(not sure how they were able to get that loan and refinancing without permits?

The con of this though is that the monthly payment is much higher, thus reducing my cash flow significantly (if anything).Since I am somewhat new to real estate, I know there are more variables to consider like appreciation, or refinancing or HELOC down the road.

@Michael Penny so we refinanced I think in late 2021, so it was a very different environment.

How does moving my property to LLC affect how I can get HELOC, refinancing, selling the house?

Refinanced 2/2022 at 100% leased for $1,275,000 with gross operating income of $16,177.

Which is a subsidized loan that has a recapture payment once the home is sold or refinanced out of a USDA Direct loan. 

Rather than setup LLCs for each property and deal with the added expenses and book keeping,  we just file them on schedule E and I have a butt load of liability coverage.If I keep them,  I might want to restructure as part of the refinancing to reduce my exposure and maybe even set them up so the kids could take over without having to be actively involved. 

Hi David..as long as your operating agreement can demonstrate that you are the owner of the LLC there should be no problem in refinancing out of the HML.

@Ryan KleinTo attain a $3000 monthly cash flow objective in five years, begin with home hacking, then employ financing choices like as refinancing, DSCR loans, and BRRRR techniques.