Purchasing your first property can be nerve-racking so connecting with like minded individuals is a great start.

Cheaper and can be controlled individually.

@Eamon Conheady - was the other lender a company or a private individual? 

Game changer for active investor looking to get more passive investments, busy professional looking to diversify in real estate, individual investor looking to get into commercial or larger assets. 

I'd estimate that there are less than 1,000 legitimate, or "professional" wholesalers, in the United States of America, as defined by individuals who make $100K flipping contracts, and collecting assignment fees, in any form, and who have made that amount of income more than 3 years in a row.

Many lenders won't allow you to sell or refinance the properties individually if you have these on a blanket mortgage.

Not Understanding “Household”Household means “the individuals living together and how they live together.”

Value is based on each individual and they will need to determine if they think there is any value.

I understand I can increase liability in each individual landlord policy, but one single umbrella policy is much more cost effective when I have multiple properties.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.