If you were getting a bank loan you would be required to have a networth equal to the loan size and post closing liquidity of 10% of the loan.

While talking about needs for funding, he mentioned that local bank that he uses.

I will say if they haven't paid attention to the bank,  they probably won't to you.... but stranger things have happened. 

Just wanted to introduce myself and see if any veterans had any advice for a newbie to real estate as an investment strategy and good areas in the state of Georgia along with private lenders or banks in the area.Thanks for any help!

If owner A of a home holds the note with a bank, and is on the deed...then quit claims the deed to owner B...who has first right to make decisions with the property now that one person holds the deed, and the other holds the note.

If owner A of a home holds the note with a bank, and is on the deed...then quit claims the deed to owner B...who has first right to make decisions with the property now that one person holds the deed, and the other holds the note.

The basics are to get your down payment and financing in place by working with a bank to make sure you know what size loan you can get a loan you qualify for. 

Additionally, If this ends up in court, I would not want to try to explain to the judge (or anyone else) why I kept 6-months prepaid rent from a victim of domestic violence.  

We recently cash out refi'd Investment property B (Loan B) and now that money is just sitting in it's own separate bank account.4.

But still no real estate and no big fat bank account.