Online it says "In some instances corporations and certain other legal entities must be represented by an attorney" not sure what those certain entities are...

I am also open to a fix and flip loan/mortgage for NJ.

My wife and I just added our children to the deed of our house, which we currently have a mortgage on.

Just ensure you comply with your mortgage terms and local regulations.Financial Planning: With limited savings, it's critical to account for all potential costs, including maintenance and vacancies.

Can put it in an LLC or even in your individual name as a commercial mortgage for real estate .

I do have a Wells Fargo account, although I only have experience with Bill Pay, since I am not a resident I might not have access to wire money via online wells fargo app.

The original loan was an owner-occupied FHA loan.3) I also plan to ask the lender to remove the mortgage insurance (FHA loan), since with the value add, I should have more than 20% equity.

I kept all the rent collected and deposits in a business account but I did pay the mortgage out of my personal account up until last month.

Bank portfolio program just means the bank hold the paper/mortgage and services the loan so they offer lower down payment options.

As Jeff S. suggests, it's not too expensive to do the paperwork online.