Are we using a real estate investment seminar as a tool to decide whether to go into the rental property business or not?

Interest is the cost of borrowing money and, as the article says: “As long as you’re making that money work for you—for instance investing in other property—and your rate of return is greater than your cost of the HELOC, it’s a good tool”I am paying roughly 4.5% to borrow money on a HELOC that is making me a minimum of 20% on my investments.

- Troy  Here's some information that may be beneficial for you.https://www.michigan.gov/leo/bureaus-agencies/uia/tools/fact...I would consult with my attorney

Quote from @Preston Gealy: It's impossible to answer without seeing your entire lease.You have a Pro account, which includes the Lease Agreement Package under "TOOLS" at the top of your screen.

They show on your tax returns, and bank statements.There are many underwriting tools to expose private money ones that claim they don't report to the bureaus- they also sell and securitize the loans so what they told you on the phone is of no value, they get reported.All NonQM standard DSCR loans show on your credit report.DSCR gone bad shows online, in court records and in the curbside view (property appears distressed and attracts code violations/fire inspections and investigations...

It's just a matter of getting your systems and tools setup along with assembling your local team (i.e. cleaners and handyman) -- You can do it!

You can also check county records for filings on the property.If you have a relationship with an experienced investor, they may have the tools to find things that would affect title.

With the inner circle membership, they set up your company, website, crm, and offer you leads to purchase for an additional $500 per lead which is generated through their website.

The juice may not be worth the squeeze to save money.A good agent will be worth the cost you might spend, but you can also work with a good wholesaler as well.I would recommend that if you work with a real estate agent, treat him/her as a teammate and not a tool in a toolbox or someone disposable.

While you like to trash a very reputable forum such as The Great MortgageGrapevine and the trolls and tools that reside there.