Most likely, as you are not 18 yet, it will need to be an authorized user on a parent or guardian's card. 

Currently i have a house that i owe 389.4k on i want to upgrade and get a 650k house gonna try and negotiate to 600k or 625k they pay closing how can i make a max return in the way of low morgagte payment and selling my current house or should i keep it i can resell it for 450 from what ive been told so maybe a little lower then that trying to get new house to live with parents what should i do should i cashout refinance and use that on the new house downpayment keep in mind im using the va loan for all of this any optins or moves would be appreciated 

The subcontractor is a similar situation than your parents and why they won the case.

I knew an investor who did very well doing that, and the rent was always paid on time by the parents, but the constant turnover and damage from college kids was time consuming and expensive.Like all investment, the riskier or more volatile or high effort the investment, the higher the return. 

Come with a parent to our office sometime, by Arden mall, I'd be happy to go over a map of Sacramento and point out some different worthwhile areas. 

The master lease structure you mentioned — where your main LLC leases the property from your personal name and then sub-leases to tenants — is a clean way to create that legal separation and keep operations under one umbrella.A few quick tips from my own experience:• A Series LLC lets you create “child entities” under one parent — each property can be isolated for liability without forming a new LLC every time.• You don’t need a lawyer to start, but it’s smart to have one review your first master lease agreement, just to make sure it’s properly worded.• Keep your bank accounts and accounting separate for each series/property.

Facts / current setupI formed a Wyoming LLC (recently) and I currently own/operate that entity.I live in New York (NY).I am under contract for a property in Ohio (OH) and expect to close there.I will need a registered agent in Wyoming and in Ohio (and I know I must maintain a registered agent in each state where an entity is registered).Options I’m consideringForeign qualify the existing Wyoming LLC in Ohio (register the WY LLC as a foreign LLC in OH and hold the property in the WY LLC).Form a new Ohio LLC to hold the real estate (Ohio LLC holds the property), with the Wyoming LLC as the member/parent owner of the Ohio LLC.Form a new Ohio LLC and dissolve the Wyoming LLC (i.e., replace the WY LLC with a domestic Ohio LLC that holds the property).Trust structures — possibilities include:Trust directly owns the property, and the ohio llc is the trustee.Wyoming LLC is the beneficiary for the trusts.How should i move forward? 

Once you’ve got a few more properties under your belt, then you can think about a Wyoming parent company or more complex structure.

I rent to Section 8 tenants and learned the ins and outs from my parents, who are also Section 8 landlords.

My parents built a decent rental portfolio over the years, but they did it completely on their own years ago, so I don’t have any existing contacts, mentors, or network to lean on.If you were in my shoes (limited income, basic business knowledge, and good with your hands) what kind of full-time job would you go after to learn the ropes and move closer to doing flips or BRRRRs?