Let's not forget that a great reason to use long term financing for leverage is to hedge your monthly commitment against inflation.

Solid cash on cash returns that I had in mind was 10% or better after discounting gross rents by 35% for various expenses & reserves on a purchase price up to $500k using leverage on a multifamily building. 

We also have a Newbies Subgroup meeting especially for new investors but all meetings have educational content for all levels of real estate investors.

@Timothy J.I don't have any experience with this directly as far as forming an LLC, however we have bought a few investment properties using leverage under our name(s). 

I am a new investor and have been on the education track.

I joined BP because it seems to be an education and mentorship style site.My Full schedule limits the amount of time I can commit to real estate and think I will do best with turnkey rentals.

In the mean while I wanted to leverage the BP community power to get more insights on the below points1.

I enjoy learning about the lending side and are always new education lessons that surface which each loan.

You’re betting on appreciation and choosing to lose money monthly (rather than increasing a down payment) to make that educated guess and keep capital in the bank.

If you go to an experienced HML there will be an educational benefit to speaking to them about the property that could be better to have happened before you negotiate the contract.