Get a debt/ equity partner to create a reserve fund if you do not have one to do repairs and something to fall back if things go south. 50% of something is better than 0%3.

If building your portfolio or managing what you currently have is a stress after the success you created, I would think this would make it easier to hold on to or acquire more. 

If the lender were to create a problem and call the loan due, you would most likely have to refinance the loan.

Prior to purchasing the property we created an LLC and created a bank account for the LLC.

ORI take that 70k and invest in real estate and create a game plan to replace my salary in 8 plus years and build great equity. 

After creating an LLC using 2 or 3 of these lots as collateral on a business loan to invest in lets say a single family home to rent out and from there continuing with more single family homes.

@Travis HenryYes the general feeling I get from BP podcasts is that your first deal won’t make you suddenly rich, but it is the investment over the course of 10years or so that will create wealth.

My goal is to create instant equity, get 3-5 years of accelerated debt-paydown and end up with huge equity (or paid off properties)...typically selling or paying off the property at that point.

But does that create a conflict of interest when I'm also trying to invest?

Hi Everyone, I'm looking to create some handout materials for my real estate portfolio to give out to lenders (local banks, private money/hard money ) as well as any other industry professional I want to initiate a relationship with and potentially do business.