There are some other extenuating circumstances that allow one to use more than one FHA loan at a time:- Relocating to an area beyond reasonable commuting distance to your current residence or affordable housing is not available - Leaving a jointly owned property to buy a home, and co-owner (such as divorce) plans to remain in the home.

The game plan is to acquire the land and build a vacation home to become a vacation rental.

If you are buying it as an investment property, you are buying it at a much higher rate than a traditional owner-occupied loan so you must be in a primary residence now and are just planning a just-in-case scenario.At first, I thought this was a no-brainer answer as if you can do whatever you want, but those investment loans are banking on the income projected as part of the collateral for the loan so it's a good question.A seasoned lender or someone who has had to move back into one of their properties will get you the best answer.

Hi everyone,Does anyone know a good estate planning attorney who specializes in living trusts in Bridgeport, CT?

@Malcom FlenouryDepends on what you're planning to do from REI standpoint.

Plumbing company doesn't have a payment plan.

We planning to meet with a lawyer soon to cement our articles of organizations and operating agreement before we form the LLC. 

Planning to do on-market deals, talk to real estate agents.Don't really know how the contracts work, where to get them, or what to put on them.

Test and refine your communication plan—it pays off!

My question is, if we buy the home using a conventional personal loan while we househack, what would the costs and process look like of transferring the house and the loan over to an LLC?