There are great people here which could guide me in the right direction and I appreciate any advice.

For people who have at least one investment property, what is one thing you wish you knew before making that first investment and/or one thing you would've done differently for that first investment property?

Don't listen to people who have never owned income producing RE.

People fall into the trap of spending without a purpose.

This is a great place to learn and to connect with people so take advantage of all the great resources.

I help people buy and sell homes, and my phone doesn't turn off. 

I am the first in my family to build this much wealth and own properties so I do not have any people in my network I can turn to for advice.

We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!

It's not a bad plan to live at home as long as you can and start investing, but the house hack is the key for young people in a lot of markets.

I'm particularly passionate about adding value to people's lives.