Forming an LLC for each property may seem extreme to some, but perfectly rational to some.The real cost of owning a property under an LLC as opposed to just buying it under your own name is similar to why people don't feel its wise to do business as a sole proprietor as opposed to an LLC or a corporation.

This gives my second acquisition source time to fund the $10MM.  

@Charlene M murrill It depends on your income, credit score, the source of your funds and what other debt you have.

We have agreed that the loan will generate a 5% interest rate, and my partner will have the sole discretion about when payments on the loan will be made, i.e. when the interest on that loan became more of a liability than the continued use of capital was an asset, he could choose to sacrifice the cash flow to pay off the debt.  

I have a list of a dozen different online list sources that can provide me this information.  

I have a list of a dozen different online list sources that can provide me this information.

As you said, there is a lot of helpful information and sources available here to help you along your journey into real estate investing.  

Remaining agile is much more difficult when you have a bloated payroll to make each week.We contacted everything out except for deal sourcing, financial analysis, and capital stack strategies.

Hi LilianSome items to check out that I found very beneficial:The BP ultimate Beginners Guide can be found hereCheck out the BP Podcasts They are an amazing source of informationI also recommend reading J.

That sentence given to Tom Hayes should have been life in prison.Posted by Corey Curwick Dutton, Private Money LenderArticle Source: http://podcast.ft.com/p/2888