@Nick Cooper you can buy with as little as 15% down on a single unit property with conventional financing.

🧐Finally under contract on your dream home, yes!

Depending on your level or preference of analysis, data and their providers are incredibly important and difficult to obtain when it comes to real estate underwriting.

For traditional loans that rely on personal income and DTI (Conv, govt), there is no requirement that the properties be profitable.

Aaron - thanks for the post ...wedge area off Monroe is solid .....make sure your financing is in place and lined up  before  beginning to property shop ....traditional lender have  programs that allow as little as 15% down if the  rental propety is a  1 unit 

Make a little money on the price and a little on the interest rate.

If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.

*Banks don't list foreclosure listings on their websites.

Thanks for your help on that one (and more), Dave!

I'm leaning towards separate bank accounts to be safe.