Hello, I'm looking to get some expert opinion/advice for a situation I'm considering on my first BRRRR deal.
Background: I have a duplex in a gentrifying Columbus, OH neighborhood. Doing the BRRRR model and nearing t...

I've recently discovered BiggerPockets/Rookie Real Estate Investing, and as a huge consumer of podcast I'm already hooked!

My hubs and I are Houston-based rookie investors. 

Peace,Rookie BRR

Here's where it gets interesting.How I Bought the House:Financing: When we first moved to Austin, we went to some model homes in a gated community and got a business card for their preferred lender.

I am a rookie investor and have not had any of these experiences, but my question is how often do these situations happen and what steps have you taken to correct the issue?

Not that I am condoning this method, but there are credit cards, private money loans, lines of credit, etc. 

Robert,Setting up an Indiana LLC is fairly straight forward with a reasonable state filing fee of $95 (if paying by credit card, the total fee is $97.14);  Once registered, generating your EIN from the IRS is pretty straight forward as well. 

Leave your checkbook and credit card at home.

I started listening to How to Money about 1.5 years ago, Bigger Pockets and Bigger Pockets Rookie about 6 months ago, and just picked up "Long-Distance Real Estate Investing" by David Greene.