If I have an LLC with 3 partners and we buy a $99,000 house, do we each get 33,000 on our credit?

@Kevin Uzelac If you want a long term hold, you need long term funding which will most likely be from a traditional lender.Start checking around with local lenders as well as national lenders and credit unions to see what it will take to qualify for funding for rental properties.

That way when I get to where I am headed next I can be as prepared as possible.

I don’t know how to get money from an investor or a hard line of credit so I decided to come here to watch and learn.

@Jon Mark, what does 'bad credit' mean?

But I do have good credit.

I've only dealt with a Credit Union and I'm only able to get 5 year term, 20 year amortization. 

Office Supplies (e.g. stamps, envelopes)SoftwareGas/MileageAdvertising + Payroll12) Lawyer/Law office/Legal fees13) Accounting/Bookkeeping/CPA/Tax preparer/Tax advisor

You can use equity in your property in a line of credit to invest in more assets at a higher time in the market.

I cant just credit Rich Dad Poor Dad because at some point in 2015, I found BP online and it was HUGE push forward to help get my feet wet, by reading other people stories, following forums, and reading articles.