Our analysis is ARV - Rehab estimate - Finance Costs - Holding Costs = Profit.  

As far as financing, if you have real CF then it shouldn't be an issue.

Can anyone recommend a firm that does not use Lexis Nexis for background checks? I was going to use Kiavi, but apparently I do not have a consumer profile and lexisnexis has to locate it and this can take a while and ...

What do you mean by "traditional 6-month financing route"?

Hi Sean,House hacking is a great way to gain experience while taking advantage of owner-occupant financing, which lets you buy in at a lower cost.

Hello I found a property that needs 100k in repairs and was wondering if I could get a loan for an uninhabitable house or should I do sellers financing and finance the repairs?

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Quote from @Clint Miller: Seller financing opens up great opportunities for real estate investors, but coming up with the down payment can still be tricky. 

How did you finance this deal?

Otherwise, it’s treated as a partnership requiring Form 1065.Get an EIN (Employer Identification Number) from the IRS (free) for tax and banking purposes.Separate personal and business finances by opening an LLC bank account and keeping rental income/expenses distinct.Consider an operating agreement, even if not required by state law, to define ownership and responsibilities.Liability protection: An LLC helps shield personal assets, but you may still need landlord insurance and an umbrella policy to cover lawsuits and unexpected claims.Tax strategy: Rental income typically passes through to your personal return (Schedule E).