That's huge.My 2 cents is to ensure you keep up with all business-related and property-related financials (aka bookkeeping).Bookkeeping for REI companies (especially rental property companies) is super nuanced.

The goal of real estate investing is lifelong financial independence.

A financial person to help you handle your books?

This can provide additional liability coverage beyond what your regular property insurance offers.Steps to Consider:Speak with Legal and Financial Experts: Prior to making a choice, get advice from a tax and real estate lawyer.

You’ve made a great point about checking the borrower’s track record on completed projects.

Hey @Adolphus Fletcher,When it comes to avoiding personal guarantees on mortgages, especially through an LLC or S-Corp, here’s what I’ve learned:In the beginning, it’s tough to avoid personally guaranteeing loans unless your business has strong credit and a solid track record.

If you’re focusing on specific property types (single-family, multifamily, or fix and flips), I’d be happy to help analyze the financials of the deals, without any concern about me sniping any good ones you find for myself, haha.Let me know how I can assist!

When you go to refinance, no lender is going to offer much better than 65-75% LTV, which means under the best scenario you'll be $27,500 short in repaying your lenders.Are you financially prepared to make up the difference?

While a detailed log is often sufficient, adding additional documentation can strengthen your record. 

Well I do a lot more than just finding a deals, I underwrite, negotiate, due diligent financially and make sure we got a good deal.