Account Closed could you clarify why you say he could sell to his own company in a few years?

When you refi from a hard money loan to a conventional loan do you still have to pay 20% down or do you just pay the closing costs for the refi?

I wasn't sure if Sylvester was close enough to Albany to generally have its same characteristics from an investment perspective. 

If you are looking to get as close to the comps selling for 80-90k make sure you have the same amenities but don't overdo it.

If you have a choice between investing in a vacation property that you might actually use from time to time when it isn't rented and buying another C/D rental out of state, go with the vacation property.

Are you looking for a closing attorney or something specific?

If you are looking to buy as an investment property, perhaps it's not a bad idea.If you are looking to buy a new primary with low down payment, in order to circumvent the DTI issue, you need to provide your lender with a lease and two months' rent for your departing residence at closing, so that the debt-to-income ratio is not an issue with your first home being counted against you when buying your second primary residence home. 

Check with your lender prior to closing to verify it is ok to put the property into an LLC.

I'm close to closing on the property, but now I am wondering if this is a good idea to move forward if I can't even get to list on Airbnb so really do need some help to make a decision.Thank you so much!

I would recommend checking their comps and repair values very closely.