However, the HUD consultant is there to protect you and the lender from shady contractors or subpar work.

I am looking to do a good amount of BRRRR deals this year, but was wondering how it works with credit since you’re constantly refinancing and pulling credit.How do you protect your credit while being very active in real estate investing?

Also, a security deposit protects you and keeps out the truly deadbeat tenants. 

It’s not the LTV that protects you from a bad borrower.

You must have enough equity to protect your interest in case of default.

Germain protects me?)

What does matter is that you co mingled funds-personal and LLC thereby rendering your LLC useless for asset protection.

The house stays safe and protected while on the market.

That way if something happens down the road you have protected yourself.

With only one property, it doesn't even really make sense to use a LLC for asset protection reasons.