There are a few things that you have to pay attention to that occur simultaneously, but using realistic numbers are critical. 1.

This is the second time recently I have seen someone in these forums say that you can give a loan in second position simultaneously to another loan and just not disclose it or "work with title to keep it off the HUD" or whatever because the first lien lender wont allow it.

The easiest way is to have all of my workbooks open simultaneously so Excel can automatically update links when the change occurs.

I’d focus where you’d want to live first and simultaneously save.

The letter states the status is valid through 2033, provided compliance is maintained.My technical question: When taking title, does the 'Change of Ownership' affidavit need to be filed with the county before funding, or is it standard practice for the title company to record it simultaneously with the deed?

You aren't likely to have that many simultaneous applications for a property where you need something like this.

If you're good with some late payment leniency, awesome but have those answers ready.My other suggestion would be, calculate what it costs to qualify for two mortgages simultaneously in the most affordable area that you and your sister/potential roommates are willing to live in.

Quote from @Ariel Broome: Good Day All- I purchased a property with a hard money loan under LLC #1 (the flipping LLC) , I renovated the property and rented out the property, and then refinanced it while simultaneously transferring the deed to LLC #2 (LLC holding rental properties) . 

However, for anyone who understood the debt structure (especially those who simultaneously invested in other syndications with more conservative underwriting and understood how both investment opportunities utilized debt differently), I don't believe it's fair to suggest the sponsor failed to manage the risk or underwrote the deal poorly.

We've been casually looking into Kansas City &Indianapolis- we'll continue there .We're also seeking to looking for something that cash flows and that will gain solid appreciation simultaneously Thanks again!