Now, if you're buying in the name of the LLC and you're doing a DSCR deal, that will be irrelevant.

Now, you need to figure out how to find deals and pay for them.

Have a deal or private money.

Unfortunately, every transaction is different, and oftentimes some transactions are more tricky to deal with than others.

If you're willing to travel and hour and a half and be hands on then you'll most likely accrue more equity in your deal when you have a successful renovation but you're trading your time.

I know most BP note investors deal in SFR notes exclusively, or at least mostly, and for myself 98% of my note investments are notes secured by commercial properties.  

Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)   

To only invest $5k into the deal with those returns is fantastic. 

Would you take that deal?

Your deal finder (agent/wholesaler)3.