Well, if you are going to do a cash-out refinance, typically the loan to value (LTV) will be around 20-30% when you go through traditional financing. 

That's a very expensive property and STR can be seen as having more risk than traditional tenants.

BUT , sometime in the future the tenant may receive an inheritance , hit the lottery etc .

Mortgage 570 (fha traditional 30year) rent is 900.

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

I have seen a couple hard-money but they all want 20% which I don’t quite understandably that is what a traditional bank offers as well.

Is this different in a traditional LO if we purchased a home on a LO and we are looking to just assign the option and get out of the deal?

In my area...Exceptions are not guaranteed and you have to re-apply every yearMany families don't want to transition peer groups from elem to middle to HSCharter school lotteries only admit a small %Private school tuition is expensiveEven if you choose private school, it's wise to have a good backup public school if you have to make a changeOnly a small fraction of families home school or hybrid with a classical curriculumPeer group matters too1st thing I analyze is demographics and schools, particularly when vetting out of state investments.

The seller quit claimed us the property in exchange for paying off their mortgage after we calculated that a traditional purchase would have tanked the deal with too many costs to be able to use the BRR (no rehab and already rented) method. 97% of initial investment returned at refinance.What made you interested in investing in this type of deal?

And if you need to buy one off the MLS because you need to do a traditional loan, call the listing agent.