And we use that as leverage along with bonus and delay fees per day etc.

.- Buy some Technology - new devices or software.- Ask Contractors to invoice you NOW for work they have done or are about to do.- Pre-buy construction materials maybe even some storage to put them in- Buy tools for you or your contractors to use on a future flip - Hire an accountant to help with some of these ideas

The agents also have more commission to bargain with if the sale is tight and needs some additional price incentive.One other great advantage of having a good RE agent is the ability to leverage their professional relationships to help find/close deals.  

LLC will pay for home insurance and whatever else is necessary.I've read the discussions about paid off properties and various ways to leverage them.

(A real estate individual in my area sits on a few hundred million dollars, he can afford to pay cash for all properties, and he gets great deals because of it) If you're like us normal people (net worth not in the multi millions, yet;) you want to leverage your money.

I assume you want to have leverage and not planning to buy a property without a mortgage ..Most lenders won't be willing to provide you with financing for a recently established LLC..

It's just trying to leverage economies of scale and have one person to reach out to when I need to add new insurance, advise me, etc.

Personally, I am in debt from student loans and would love to be debt and financially free but I need financial leverage to do so.

It should appraise for an amount hopefully high enough to give you that 20-25%, which you can then pull out, and use as a down payment on the next property.At some point, you do want to let the properties build up some equity so you aren't over-leveraged with borrowed money, but it's a pretty cool strategy to get going.

The biggest risk is "self-dealing" and can get tricky when you have a leveraged investment and if you intend to self- manage.