Personalities and business practices vary widely.Lesson 3: Be willing to pivot to avoid potential future concerns, and know that a small win, or breaking even is better than a total loss.Lesson 4: Commercial loan process was great to learn and now I have built a relationship with a commercial lender.

Once we had the home inspection I was able to have the seller credit us at closing $8k...of which the escrow could not credit the entire amount and so I had the seller write up a personal check for $2000 How did you finance this deal?

Besides having a personal friend to mentor you, this is the next best place to learn.

can anyone you know in person vouch for this lender? 

Sharing some of my personal experience.

Hey all, I currently have a new home being built that I would like to keep in my personal portfolio.

Your brother remains personally liable for the mortgage, but no longer owms the  property securing the note2.

In many instances putting bad money after good by furnishing homes for STR or MTR leasing or perhaps making their personal credit vulnerable by agreeing to Sub To arrangement.

If they’re just using the stove like any normal person would, that’s on us as landlords.

So I recently decided to manage my personal property, that I both live in and rent out rooms to a tenant, as the first home under my property management LLC.