I support her financially, basically.

Our LTV is less than 50% ( yes no risk at all for the bank, and we have top credit score.We already paid the appraisal, environment fee, wasted countless hours etc...The texts in LOI: Financial covenants:-- Min DCR based on actual rents for the first trust deed of 1.25:1.00 based on a 25 year amortization by the end of 2018.And in the loan doc---Property is to maintain a 1.25:1.00 Debt Service Coverage Ratio, tested annually.We would not have paid the fee and sign the LOI, had he included the phrase tested annually.Please understand that the loan  will be for 10 years long, and we are very confident that we will always have fund for the monthly mortgage payment.

Does this speed up the process of taking some 'next step' ie: so what if you have 2 properties is there some strategic imperative here other than just the pure financials on the properties?

(Goal is financial independence mainly via buy and hold rentals)Basically we purchased a "fixer upper" in early 2016 for $230K.

Are trusts able to hold mortgages like an individual or would we have to acquire a traditional commercial mortgage?

I'm trying to lockup a house and the owner on record from the tax office is the original owner but i have another individual stating that he is the current owner because he foreclosed on the property in a tax sale . the thing is the tax office has no record of him at all and maintains the original owner is the current owner by the way, the delinquent taxes have a $54,500.00 payout to the city not to the person claiming to be the owner.

Hey BP,I just finished reading Financial Freedom with Real Estate investing by @Michael Blank and looking to pick up another book multi family/apartment related.

My biggest mistake in financial life goes way back to before I bought real estate.

@Todd Powell  Similar situation, they share the same parking lot and the seller is having a difficult time selling them individually.  

Hello Sanjay,Conventional lenders are not able to lend to LLC  - only individuals.