Do not do anything unusually b rbRight after you close on improved property get an insurance policy that will protect you if there is a loss.  

They will look at your personal financial statements to secure the loan, but all our properties are under our LLC.

I'm an independent agent I currently work with over 75 carriers to help my clients protect themselves from financial losses. 

One of those things would be to form some type of entity that will protect you personally from filing or a judgement you might have against you or your business.Never try to do everything yourself unless you have the talent.  

I know a lot of people have their doubts but from the Lawyers I have spoke with (if done correctly) it should protect you and make life easier.

I know this business can be very risky but I believe that it can provide the financial freedom that I am looking for in life.

After buying - by chance - a 'high cash-flow' apartment as first property in Malta, my husband and I realised that Real Estate Investing could help us reach our goals: financial, geographical & time freedom.We are already working online, allowing us to travel frequently for long periods of time.

pm me and I'll send you his information.As painful as it is to see the river hurting right now, it could create some great long term financial opportunities...Anyway, good luck!

Yes and the commercial loans mainly look at the financial situation of the property, not the owner.

The downpayment and financial side can be tough early on.