Once the Portfolio was stable I would take the free CF to either buy more properties or invest in paper assets that are riskier such as distressed debt or become a hard money lender.

Don’t accumulate ANY heavy debt (or any debt at all if you can avoid it), that means a car payment too!

Greetings BP'ers,

As I am ready to purchase my first rental property this year, I am wondering about leveraging debt to buy homes. I am a regular Dave Ramsey listener. He always talks about avoiding debt leveraging t...

For me it comes down to which interest rate would be higher: the rate you are paying on the debt or the rate of return you could get if you invested the money.

The order has a return date on it, usually 90-120 days out, when the next hearing will take place.If the debtor still works for the employer, you're in luck, and the employer withholds 25% of disposable wages each pay period until either the debt is paid, or the return date arrives, whichever happens first. 

it seems i will need to sell half the value of the houses to my partner and the money will have to come from outside the LLC partnership.I am selling my solely owned rental property that has a mortgage to my 50% owned LLCwill my partner assume the debt or need to get financing on his own?

That requires your intent to be to hold for productive use and is why some folks are recommending that you hold for a while and then 1031.That could be a good plan if you have not debt or if your debt structure allows you to create 37 rentals. 

I would rather make an arrangement with the debtor.

If you have a commercial 10 tenant building then even if one goes out you likely depending on how much size they made up in the building will still have enough break even occupancy to service the debt or still cash flow even. 

A lender will count 1% of the total student loan debt or the monthly payment whichever is higher.