You will pick up all of the income and expenses from Open Door Capital on your 1065 and then issue K-1s to yourself and wife for your proportionate shares of your LLC.

@Taz Zettergrenhttps://www.nextgenerationtrust.com/professional-resources/Check out this website - next generation trust they are a sdira custodian and have some non recourse lenders on there.

If you already have a group of investors you work with, understanding their capital reserves, risk tolerance, timelines on return, and various other factors to help you understand what properties will be good deals for them and should help you narrow down your scope.When thinking about what tools to use, think about what you need to get done.As a wholesaler you will need to find leads on potential investments, run numbers on investments, put together investment packages for your investors, etc.Lead Generation:- Can be done on MLS, Auction sites, etc but remember competition will be high here- Pre foreclosure lists- Drive for Dollars- Social Media Campaigns - Billboards & signsProperty / Market Due Diligence:- Bigger Pockets Tools- Air DNA- Reventure App If you would like to connect and discuss in detail I would be happy to brainstorm.Good luck

You will also want to make sure its n part time income since you need (2) full years of that to qualify.You can always refinance or purchase an investment home and do not have to have a job or employment, if you use a DSCR loan.

Lenders earn no depreciation and actually its worse because the interest you earn is taxed at ordinary income rates.

The lender might balk at the thought of a brand new LLC (with no assets or income) suddenly becoming its borrower. 

But if that someone is you, the payment is taxable income.  

However, two oversights have affected my calculations: (Both dumb mistakes I can only blame myself for)Higher-than-expected property taxes and municipal fees in University Heights compared to Cleveland proper.Overly optimistic rental income estimates.After adjusting for these factors, including property management costs and other expenses, the revised cash-on-cash return is about $12,000 annually, slightly over 5%.

Commercial loans are full documentation with a full income analysis, making it hard at times for investors to get into 5 plus units. 

You can buy properties in fortaleza by having a CPF, there's even a bank called "Caixa" which allows brazilians living abroad to buy properties showing the income from overseas.