The investors put in $100,000 and he took out a hard money loan for his part.  

See if you can do an SBA loan at 10% versus a commercial loan at 25% downpayment.As far as investors:3. 

My biggest fear is that if I ever were to quit my job, I would no longer be able to invest in more real estate (not sure if I would qualify for loans as easily). 

I believe your loan could get called if you transfer ownership to an LLC without consent of the lender, especially a brand new LLC that does not have two years of tax returns.

Except that you will be required to get a loan for $200k or put another $200k from your pocket in to the deal.

I'm using my VA loan so I don't have to put any money down & can keep money in my account to fund rehab deals. 

and also, should I be recording the owner finance loan in any other place besides the properties tab? 

Paid off my primary when it got down to 90K.... not a ton of loan left, so I just paid it off, but still had plenty of $$ to invest in other things...it didnt tap me dry to do it.Exactly. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.