I am simply pointing at that depending on your lenders, I have had loan officers come back asking for clarification because approval committees were not used to seeing things outside of the box.You will likely be able to find lenders that are totally open to this structure, but yes, you are then maintaining multiple LLCs and potentially multiple tax returns and bank accounts, etc.

Stock market was never really my thing anyways.

and get my dirt bike running.The reality of this situation however is that many of us are struggling to maintain our finances for a variety of reasons.

The most intriguing part about Real Estate Investing is the property management aspect and maintaining a great tenant/owner experience.

They usually have multiple investments, including real estate, their home, a job, stocks, and often small businesses.We polled our audience, and 75% of the people polled say they have over 3 months reserves (if ALL income dried up). 60% have over 6 months.

I grown money for my investing this way: I wait until Amazon takes a beating then I thrown any savings I have at that point into the stock. 2 years ago in the fall the stock dipped below $1600 (I bought a lot) then rose up over $2000 (cashed out) Stock dropped again two weeks ago to nearly $1600 I dropped in $17k now it’s sitting over $20k today.

As the house has a reverse mortgage for about three times the value today, the son really has no interest in keeping this house or maintaining it.

To maintain a RE license takes not only time, but money as well.

@Jacob SheetsCongrats on helping your friends out, but please save the "Look at this lucky couple I help buy a house" stock agent marketing for your Facebook/Insta/LinkedIn. 

If we can maintain 70% occupancy, then we are still cash flow positive with nice profits.3.