My primary market is Philadelphia.

You may be able to use the brrr method and get your money back out of these 2 deals, and still cash flow a decent amount after adding an additional $171 to your primary mortgage payment. 

Son is primary on the loan (so his ssn listed on 1098 but it is a joint ownership mortgage.

I currently have only one property which is my primary residence but am on track to purchase my first rental in 2020!

Hi all,I am a licensed real estate agent putting an offer in on my primary residence.

With Private Money, you need to have your primary focus on protecting them and their investment.

None of them are your money.You can also buy a no down primary and after a year rent it out.

A multi-single member LLC in Wyoming seems a very odd choice unless you mean a Series, but that will still get each Child Series (as with all Series) subject to the $800 minimum a year Franchise Tax.The only irrevocable trust would be one for your Primary & secondary residence - but then it is expensive to break that, you have to figure out your life expectancy to anticipate the trust ending before the end of your life to get any tax advantages and the QPRT no longer has the incredible tax advantages it used to (though it might in 2026 when/if it reverts back to the old structure) since the sweeping changes of the Tax Cuts and Jobs Act (TCJA) in 2017. 

Also, I think you are trying to access the equity in your primary residence, correct?

I found a single family home with an in-law that would be great for us as a primary residence.