For getting equity out of your current primary residence without affecting your current mortgage, you can use a HELOC or HELOAN that will go up to 90% LTV.

Mortgage on our PR is $1500/mo. 

We can provide you with the contact information for three exchange agents who are known for being easy to work with and highly knowledgeable.If there is an existing mortgage debt on the relinquished property, it's important to consider how it will be handled during the exchange.

You will have a place to live and have other people pay down your mortgage.

DSCR loan options will qualify you based on the market rent for the property - this can be helpful if you can support projected rent above the mortgage payment.

Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....

They owe $218k on 2nd mortgage.

If you have multiple properties your rates may be increased or you may be dropped because of the claim or you may not be able to get a new policy from that carrier for many years.I can't stress enough how much of a mess the insurance market is... think about it this way.Imagine 95% of the primary home mortgages in the US were unprofitable for the banks that issued the loans - how easy would it be to get a new loan?

Hello, I am looking at 2 properties, one 2 unit property that I have put in an offer of about 120k that can generate positive cashflow of $600 per month and another which is a 6 unit property where I have put in an offer of 350k that can generate $2000 cashflow.I have a bank ready to lend a mortgage at 7% for the 2 unit property.

They are very worried about the subject to clause and I thought I remember the podcast mentioning insurance policies for this in case the mortgage company calls the loan due.