@Reginald Dulaney its true is under an LLC during the refi it HAS to be a multi family property USUALLY 5+ units (aka bigger than a fourplex)The banks dont like lending out to residential properties under business names so i think its best to transfer the title into an LLC AFTER the refi stage?

Seems too good to be true and don’t want to take the wrong approach.

The safest way to structure these kinds of deals with partners and still stay legal with the SEC, is to structure it as debt or a true joint venture.

Take your 100k in equity and go find true cash flow.

@Howard HerringtonThank you, I appreciate the encouragement, I look forward to that being true.

absolutely but don't feel bad, even with the older ones there will ALWAYS be a few undetectable $$$ surprises.We had a horrible chipped, colored many times, bathtub & leak prone tiled surround in a circa 1978 SFR & we didn't have the time to rehab it.

Once your loan is funded, it will be thrown into a mortgage backed security of 1000 mortgages (this is true even if the servicing does not change hands, mortgage servicing and mortgage ownership are divorced).

True southern hospitality when you're there though!

Is that even true?

Only one way to really find out if they are true or not.