I was brought up on both ends of the spectrum.

Brought 1st Rental property for $25,000 — Obtained financing based on a subject-to appraisal that came in at $50,000 @ 80% LTV = $40,000.My original thoughts were I would be able to only put $15K into the property and technIcally have none of my own money in the deal.

@William CastiglioneIf you pool both LLC's funds, no debt can be brought to the table.

We worked with two investor partners who brought 90k to the table each.

My S/O brought that same idea up.

After getting under contract, it was brought to our attention after requesting copies of the leases that the current owner did not put the tenants under a physical contract, nor did he collect security deposits.

Originally posted by @Mike Dymski:social media is a garbage dump for nameless cowards It is also the land of opportunity......I know i've brought in over 7 figures from my work / posts here on BP & other sites.

I spoke with 3-4, and the fact this company really brought passion and enjoyed their work was obvious in our phone call in their tone of voice, level of detail and the owner's personality.

They brought the jeep back on the property, parked their new bronco behind it, and parked their Hyundai half on the pavement and half on the lawn.

what is it that brought us into the situation?