20% down payment will be personal cash that I’ll put into the LLC as a capital contribution.

@Bobby Dailey - just to give a different perspective, for future appreciation of significance, I personally would not consider any of those four locations you noted (Jasper, Clanton, Eva, Oak Grove).

@Sean HaranInvesting in real estate can be a rewarding journey, especially when researching cities like Detroit and Tampa.

Everybody gets started a little different than the next person.

I've only spoken with two companies that work with housing for one person and the property that I'm looking to obtain is a three bed

I persisted and much to my surprise one day the door opened a crack and thus began a multi month journey through this man’s personal hell that eventually led to a $30,000 profit.He owned a local Jamaican bakery that was failing; his marriage was ending and his soon-to-be-ex moved out with their 5 year old daughter; and now he had lost his house.

You are the owner if you try to borrow with a LLC or if you borrow in your personal name.

These forums are not for personal attacks mentioning someone education as you feel its the only qualification to be an investor….

They also have a Personal loan, $40k to $900k at 5%!!

I have a preliminary call in a few minutes with a person that wants to get into private lending and wants to engage our loan consulting side to assist.