Yes, these things do happen, but people win the lottery too and I'm not buying lottery tickets.Also, if you're not running your LLC correctly a judge can still hold you personally liable.

Based on the advice on taxes though, we could change our decisionAppreciate the help.Out of the two opinions below, which one is correct?

You can take draws and make contributions as you see fit.

Also, here's an update:Spoke to a Property Management Co. based in Northeast Philadelphia:They said that you will have to wait the 4-6 weeks to get the license and then the Certificate, apparently it does take them that long.I also spoke to a Philadelphia 3-1-1 line Government representative:He said alternatively you can walk down to the Philadelphia Municipals building and directly request for Rental License, however, he warned that you need to bring a MONEY ORDER for the dues as well as it taking 4+ hours on a business day.

We are a Chicago-based GC-tech (general contracting technology) company but expanding into the Atlanta market where my partner is.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

They said they wouldn’t help me find her but when I do they would be happy to draw up the paperwork 🙄.

I understood back then that for me to build and scale the business, I needed to always make decisions based on numbers and not emotions, and that's one big reason I've kept myself in the industry now for 4 years.I see a lot of people getting too emotional after their first proof of concept, and most of them are not in the business anymore.

Each lender has their own standards or parameters, such as draw period, FICO required, whether it is interest only or principal and interest, whether you can lock a portion of the HELOC or it is all floating interest rate, etc.

I worked with Martel Turnkey who are primarily based in Cleveland and Memphis and bought a SFH from them.