My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

Real estate prospecting is a numbers game, so the key is to keep reaching out, tracking your progress, and refining your process along the way.Let me know if you’d like to brainstorm more ideas or chat about prospecting strategies!

I personally use 40% but I'm also in a higher rent area.

Happy to chat more about my experiences if you'd like. 

Lots of loan options can close in an LLC, helocs usually need to close in your personal name.

Quote from @John Friendas: As a person with an average salary, I was wondering what the maximum amount of DSCR loans a lender would give out would look like?

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

Are you able to go there in person to build your network? 

So they price those homes at what a willing homeowner will pay for their personal residence.

In addition, you want a separate bank account for the rental property to separate it from your personal accounts.