They all three charge a yearly fee in addition to any credit charges so I opted to close them..

It is an additional fee, but it insures your family members retirement against any potential title defects up to the full loan amount (assuming it is beyond your purchase price).

I think you implying that the 401k itself provides asset-protection, that an LLC may not add much additional protection.

A company is only ignoring those costs if they are telling investors that they will have no additional costs and that they can expect $X amount each month in cash flow guaranteed.

This is additional coverage that condo associations carry, and if your agent gets a copy of it, you'll save a bit on your insurance.

The lender will be happy to make a loan and you can get paid.I have seen banks counter with a faster closing date, I have heard from REO agents that the bank wants to get deals closed by the end of the month to eliminate additional costs, etc.

What I was able to do was borrow against the equity in the first house , $60,000 then paid cash for the second house $10,000 renovate the second house for $30,000 put $ 20,000 into my savings account and rent that house out I then went back to the same bank and applied and recieved a Home Equity loan of $ 50,000 , with the cash from that loan I bought a third SFH about 30 miles away in Schenectady,NY for 27,000 I fixed it up for an additional $19,000 and rented it out for $ 725 now I want to keep doing this , the loan officer did mention that if I were to form a corporation and put the 3 properties into it that they may lend to the corporation has anyone had any experience with transfering ownership ?

As Is relates the concept that no additional repairs are taking place (it also deals with reps and warrants).

What better then to have other people's money work for you.So at 23 via FHA loan I bought my first investment property - a 4 family with an additional apartment in basement.

We do flip 4 retail, flips for C4D, buy n hold, flip 4 holds, and some additional programs.