Then, each person with money in the deal would get an 8% preferred dividend until they get all of their money back.

I am personally very bullish on the Phoenix market.  

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

Quote from @Zach Howard: I think it's probably better to hold real estate in an LLC than in my personal name.

Here are some Key Takeaways for You to Turn Your Multifamily Real Estate Dreams Into Reality:➡️Define personal goals.

This is my first personal mortgage so I'm trying to learn the game.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I've personally utilized private notes on three transactions and participated in another handful of negotiations with sellers on behalf of buyers in the past five years. 

I have other HELOCs that were much easier to get both personally and professionally.

I've been informed that completing the course alone may not be sufficient to pass the exam, so I’m seeking advice on how to prepare effectively once I complete it.Currently, my only other resources include a YouTube video, five practice exams, and a textbook.If you have any additional suggestions—whether online or in-person, paid or free—that could help me effectively prepare for the exam, I would greatly appreciate them.