@Justin Cohen I'm not a lawyer, but if the loan is in your personal name, and the title is in an LLC, I dont believe your personal assets will be protected if things go bad.

I got quoted 10% interest and 2 pts which isn’t terrible up to 65% arv.Now my question should I use the heloc on home to make the monthly interest payments on the hml to keep my cash on hand or use up my cash and use the heloc as gap financing just in case I need it? 

Still just in exploratory / learning territory on these kinds of multi-units, would appreciate any advice.

I have to say I guess I actually like all the misconceptions about NPNs, keeps more people out.I see about $50m/ week and yes many are good to great dealsThere is over $300B in non performing 1sts right now with the banks, just in sfr, and I dont think that includes fannie, freddie and hud.

I'm still in the study phase of learning about real estate, but am trying to get my ducks in a row.I have 3 months cash saved up just in case of emergencies.So, what would you do?

@Justin Glass I’m going to do a small unit on personal finance where they do a 10 year retirement plan/ journey to FI.

One of the barbers, Justin, who I have never met before says, "Hey, I know you from BiggerPockets!" 

But just in case, there is a way out ...... please let me know. 

@Justine Ingram welcome to BP!

@Justin R., I trust you got it for less than land value?