Oftentimes, we would work closely with CPA to make sure how our borrower's taxes can be filed that would save them from paying taxes, but also making sure they can qualify in a lender's perspective.You would want to make sure your first few deals has an acceptable of return in order to lower your DTI and expand your investment portfolio in Real Estate.

We've seen an increasing amount of investors goto the MLS where their margins get eaten alive.I've been telling every borrower that does this to start finding off market.

However, your credit could also be impacted if you're co-signing or jointly applying for the loan.Regarding the funds, lenders usually require that the down payment funds be seasoned, meaning they need to be in the account for a certain period, often 2-3 months, to ensure they are not borrowed.

However, I am in constant communication with banks and in this environment I more often hear banks take the position of we want to see a depository relationship of XYZ percent of the loan amount in order for us to lend you real estate funds rather than take the position of offering better terms than other borrowers because of your depository relationship.  

If they dont have a product for you ( and it will cost you probably about half of what HML will cost.. then you will have to start looking at HML.other thing is friends and family or borrower from you retirement account.

Since the borrower collects payments and not making them, generally the accumulated interest owing starts the date of the mortgage/note and are usually higher than conventional. 

@Matthew Porcaro congrats bro🔥🔥.I did not to far from the same.House hacked a triplex with my lady, then she got a duplex that was house hacked and bought time we was done we was able to pull equity out of both and buy another rental and our dream home that we fixed up and have a lot of equity in (bought for 450k worth 850k now)That dream home allowed us to borrow against and put 20% down on our next rental and every year we plan on doing the same refinancing the rental we bought a year ago as a long term brrrr.Came to the reality that it’s really a marathon and not a race.

Some lenders are going to want 2-6 months of lease history before lending, others can lend with just a market-rent estimate, others don't even need to show positive cashflow.Ultimately every borrower is unique, every property is unique, and therefore every transaction is unique.

Why not borrow the money to make more money with it?  

This way the property is owned by the LLC even though the borrower on the debt is you personally.