LTV's are lower than one can obtain personally when using a non-recourse loan.  75% LTV on a recent flip is not likely, so you would want to speak with lenders in the space and get a realistic set of numbers to work with.

I was told the same thing by my accountant but there is conflicting info posted here.Does anybody know if you can deduct interest when using a credit card for both personal and business expenses??

Hi Bp,  Is it possible to find information on a properties owner regarding their current mortgage and home equity other then using a list service provider.

These are what I talk about here most often, if something can lead you down a path where you can lose your investment, like screwing up writing your own contract or notes, or trying to CYA in documents to use a loophole, that is something where most may not see far enough down the road to make a decent determination about.An example, using a RMLO on a residential owner occupied deal.

The only state "standard" I'm aware of is the State Board of Realtor's purchase and sale contract, which is not really the space I play in unless I happen to be in a deal where I'm using a Realtor. 

Friends,I am currently purchasing a rental property using a personal mortgage.

Do not think that using a boiler template found online or even Legal Zoom will stand up in court.

I'd like to try purchasing a rental unit using a lease option.  

Can you guys please let me know if I’m using a fairly good rule of thumb on the tax cost?  

@Jason Harris Hi Jason, a common trend of new investors looking to break into the real estate realm is by using a FHA (Federal housing administration) loan which is typically used by individuals with low income and do not have the capability of putting down a large down payment.