Caution:  Personal credit card financing is a huge risk and good luck finding 0 percent interest today.

You’re still going to be personally sued when something goes wrong. 

-Attend at least 3 meet ups, in person, a month with my local REIA.

By year 5 we had around 55 people.We did hire a marketing person but frankly marketing wasn't our strong suit. 

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?

I’m not convinced it makes a real difference unless a person has a unique setting.

I dont know Nathan personally..

I'm never going to use your website because I already have personal relationships with people doing that work.

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

When your LLC takes a loan, expect as members to personally guarantee the debt.