How we purchased our property: Combination of Savings, Personal Loan with interest from a family member (4% interest) and a cash loan from Wells at about 8%.

You’re going to be personally sued no matter the cause of the loss.

No problem, I had cash from a refi, a HELOC, and a personal LOC.

@Reyna AyalaI personally feel this is overkill.

Did you have to jump through so many hoops and provide this level of personal information?

I have personally owned investment property (both long-term and short-term rentals) along the lakeshore.

@William Taylor so many options...Use your RE knowledge to: WholesaleFind rental deals to sell to investors locally or here on BPStart leveraging your personal contacts to build your sales businessFind a motivated seller willing to do seller financing:- Move in worst room or basement, rent out all the other rooms for max cashflow- You could even live in the basement and STR the rest of the house

I am days/weeks away from trying it at my personal residence.  3500 sqft but only two people using it, so not sure how good of a test it will be. 

I’m personally based in Houston, TX, and I’ve noticed over the years that a good realtor can do a lot more for an investor than just listing a property.

Personally, remitting myself makes sure I dive deep on numbers.