Plan is rehab it rent it and refinance it to pay back private money lender.

If anyone has any thoughts or suggestions, it would be appreciated!

I want to transfer it to a Minnesota multi-member LLC.

Simple enough.What makes it unique is that we have operated a profitable and successful business out of our home for nearly 4 years as a highly booked Hostel and event space + potential urban market farm.

Since real estate tends to have a lower correlation with the stock market, it can serve as a stabilizing asset during economic downturns.

I assumed it is but want to be sure.

PMI is surprisingly cheap - $71.What do yall think the trajectory of mortgage rates will be in the next 1-2 years?

I only found out by doing my own research.

Tell her to get there, and keep it going.If she cannot do it, then she can go.

Make sure the basement area has egress and it is up to code to be considered a livable space.