Keep in mind you will have to follow the rules, if your son has credit problems, maxes out a credit card or has other problems his creditors can attach the property. 

Sometimes if happened that the sellers have credit card debt and I'm investing with other partners to buy that property. 

Over the last couple months, I have started getting more post cards and letters from realtors offering to help me sell.

You might need to also contact the municipalities transportation department to get this as it can drive down the street.3.

At the conferences is where you will meet credible asset managers, trade business cards and get on their lists for future asset offerings.

If I want the same US mortgage deals that you guys can get, is it enough for me to become a permanent resident, holding a green card, or do I have to be a US citizen?

The acquire properties with the intent to flip, and would be a good bet for passing out your card as a contractor. 

I have not had a title on my business cards in years.I'll tell you this as a home builder, mini of the new construction loans I do they're always having to look for a home builder that I'll come in as the general partner who has actual HUD statements and relevant building experience in the last 3 years.  

So question - buying first investment property with 10% down conventionalQuestion - do I buy it in an LLC or in my name with an umbrella policyDo I set up separate bank account for itDo I get a separate credit card for itThe unit already has a tenant in it with 11 months left on the lease. 

Hello,Total purchase was $602,000 plus closing costs (appx: $8,000)The cost for the ADU was $265,000  ( It is a 3 bedroom 3 bath with a kitchen and 2 wet bars which I rent separately , including Plans and permits (Appx: $ 15,000)This was my first property when I did this, I paid for the ADU with lines of credits and credit cards and than refinanced and paid them off.I noticed you said it sounds kind of high, are you located in the Los Angeles area ?