Depends on the operating agreement and docs you signed.

Depends on the brokerage you have, but the one we use currently has a rate at 5.83% at 50% LTV.

I would like to pull out equity from the homes to build either a house on each or an ADU (they are zoned multi-family) depending what makes the most sense on returns and what is feasible.

It all depends.

question depends entirely on the area you are investing in.

Your credit score is high enough to get something done, but whether or not that delinquency will fly is going to depend on the lender/underwriter.

As far as timeframe, anywhere from 21-45 days depending on how quick a borrower gets their docs to underwriting, how long the appraisal takes, etc.

If the client is in CA the community property state laws may help here (not entirely sure) depending on when the property was acquired but it would be a great question for an attorney as Jason mentioned.If they were married and went through a divorce it would be worth looking into how the divorce paperwork stated how that property would be handled.

Quote from @William Christiansen: Quote from @Charlie Hardage: @Carlos SilvaYa, it definitely works depending on your cash flow and numbers.

Agreed... depends on your skill level.. if you have no experience at real estate other than maybe buying your personal resi.. and want to venture into this I can't see how the course would not be a good use of funds.if you have 20 years as an experienced investor or real estate broker then the course maybe is not needed.. but the contacts I am sure are worth every penny..