To invest in real estate, set clear goals, consider your timeline and risk tolerance, learn about financing, analyze deals using rental property calculators, consider house hacking, network with investors, create a financial plan, stay educated on local market principles, and start small with a single-family rental or duplex.

These product looks at your deposits from your business and calculates your income that way. 

Will the banks see the seller financing debt when calculating our DTI for the home equity?

Dont distribute anything until your accountant does the tax calculation then reduce your partners final distribution accordingly 

Usually, there is no taxable event if the LLC owners are the same as the current property owner.

An easy way to calculate is to take the sales price and multiply by .97 (if there is a 3% seller concession).

TIA for any guidance and considerations.  1)  I'm having difficulty finding a HELOC amortization calculator. 

I am using all his advice for doing due diligence on properties before buying, using the deal calculator to run numbers and looking for good market strategy areas. 

I know the interest they get is taxable I would probably have to set up a LLC with them being equal partners.

I found a calculator but it won't work on my iphone.