Or you 1031 exchange at some point into DSTs (Delaware Statutory Trust) and just live of mailbox money.

Alex,The mortgage remains in the borrower's name, so it’s crucial to avoid triggering the acceleration clause when transferring a property into an LLC.

The numbers look good, but in reality, they typically do not end up providing the returns you anticipated and end up being a money pit there is not enough gross income to account for realisitic cap ex and operating expenses.. unless you own 10 or more.. 

—which is not what I’m asking.Had I known about these issues, I would have negotiated the price further or possibly walked away.Considering long-term impacts:If I decide to keep the property and repair it, the foundation company is offering a 75-year transferable warranty.

Most of the 2-6 month stays start with an OTA booking, and then transfer to a lease if needed.I’d have no problem with half rent now and 2nd half 15 days before move-in.

Ownership transfers, but the loan stays in the seller's name.

The VA loan is a great opportunity to buy real estate without having to put any money down that civilians don't have access to.

As a broker, my biggest pet peeves are hard money lenders circumventing to my clients, not being upfront about fees, asking for a commitment fee prior to issuing loan docs, and "matching" my broker fees, even though I underwrote the file, got the client, and did all of the processing work. 

@Chad Urbshott 4 months and counting for transfer servicing!

So how are experienced investors actually doing it when they say they use both HML and PML money to fund deals with “no money out of pocket”?