Pretty sure both those first choices are loan fraud, unless everything is disclosed to the lender and the lender agrees.A rehab loan or hard money loan with a rate-and-term refi is your best bet, IMHO.

I was curious how long a property must be operating at the new NOI before it could legitimately be reflected in the worth of the > property on the market.

However, my bet is that ten to fifteen years from now these may very well turn into high-density section-8 tenements.

Never forget that no matter how nice a town you are in, you are operating "behind closed doors".

The air to air is going to be cheaper to operate unless you are in a climate that drops below +20F quite often.

I'll bet all five of these houses are sucking several hundred apiece out of your pocket.

They have a good book called "You Limited Liability Company" subtitled an operating manual.

That is a sure fire way to open the doors for leagl and financial liability as any competant attorney could "break the corporate vail" by proving the entity and you are one and the same do to the funds being comingled.Always use an experienced RE CPA and attorney when setting up and operating a RE business, regardless of the entity chosen.

You're losing money every day you hold it because of the monthly loss.What you're betting on is appreciation.

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