I found a tenant who signed the lease and paid security deposit.

I am not a burn-the-boats type of person, and I am more productive with a backup plan.

We took over a seller's loan, paid them some cash and began to rehab.

All clients of RLS should receive my personal number for just this type of situation.

You could set up a “deferred down payment for 12 months” or have a stepped up down payment (so much per month until number is met) It's really whatever makes sense for the two of you.Things to consider, property taxes have to be paid, repairs have to be made, vacancies have to be accounted for, insurance has to be in the name of the person on title.

Sorry but that LL is an idiot..... you either kick that person out in Feb 2022 or you religiously monitor that property for more illegal/unauthorized activity....because its going to happen.

We paid $3100 an attorney to create a series LLC in Dallas with three in the series. 

You can roll it to a self-directed IRA (SDIRA) and buy real estate or privately lend, but you couldn't do that with your personal rental otherwise you would blow your IRA up. 6.5% right now is a great rate...it's lower than what you can get a 30-year fixed owner-occupied home for.

Good morning,  can I get a personal loan as a down payment for an investment property?

For example, I often see Buyers purchase property thinking there is a $1,000 deposit but then the tenant claims it was $2,000 because they paid the last month's rent.