If you’re not going to make the smart move of selling tax free, and make the questionable move of being a landlord in Ca just because you already own the home…A) No LLC, it won’t help with taxes, liability, or anonymity but it will increase the cost of insurance, taxes, and any financing  (and maybe the bank calls the current mortgage  due.)B) Get an umbrella policy if you are worth more than $1M, maybe $500k  C) Don’t even THiNK about doing this yourself.

All options you can advise will be welcome!!!

So, yes investors have been using creative or private money financing. 

If I want more cashflow should I be considering MTR in Denver, LTR in cheaper out of state markets, or another option I’m unaware of? 

Happy to chat about house hacking options in the Austin area along with some best practices.

Fro the cash out best option is probably a mtg broker. 

I have recently sat through a boot camp for creative financing and we talked about several different strategies.

How did you finance this deal?

Hi everyone,My wife and I are keeping all options insofar as real estate investment opportunities to engage in.

It will be difficult but not impossible to find a lender that will take second position and very likely the first lien holder will be apprehensive to a subordination agreement..The terms will not be as favorable likely in the 7-8%'s I/O but on a new mortgage there are investors that theoretically can finance 'unlimited' units..I think with our team it's 250+ up to $100M.