There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Almost every dollar I make (active or passive) has a job when it hits my bank account.

But then again every lender that is not my commercial banks I find frustrating. :)..

The type who will ignore great advice and fail then the blame society, the govt and the media..

If there’s anyone that attended one of these MFM seminars and is considering it, let’s connect as I believe we can create a win-win and you can actually be an investor rather than a piggy bank for shops like them.  

A duplex, triplex, or fourplex is ideal because the more units, the more financing options banks may offer.

Hi Shawn, When I left banking during the last major crash and started this company, we primarily were a commercial bridge lender, but we also were a real estate investor.

Especially as maintenance bombs increase in there detonations, the opportunities to acquire from failed operators is at the door step.  

As your banks have made very clear.Getting a second job would be financially more productive and less work than wholesaling. 

@Lily Jensen, I've come across a few banks that will do HELOC's for investment properties that I can share with you here locally in Florida.