You will survive. good underwriter looking at your tax returns will see you own the debt and the asset.. probably gets bounced.. this is what HML did pre 08 all of our loans went to buy and hold folks and we did rate and term refi.. but we were a true third party lender .. its was a great gig while it lasted my average turn on my loans was 92 days.. and the buyers not only had no money in the deal they got refi proceeds usually 5 to 8k a house and they would do 4 and a time.. now they were suppose to take the refi proceeds and put them in their reserve account.. but alas the reserve account ended up having Jets skis in them instead maybe a new car.. or that trip they wanted to take.. etc etc.. anything but where it was suppose to go.. 

K1 is calculated differently than W2 but you can still get a Fannie Mae / Freddie Mac loan depending on the debt ratio's?

I'm in my mid-20s and have become interested in real estate investing through my main passion of financial independence.

He is a little pushy on his sales but he has taught me very much mainly because he has so many videos on YouTube. 

But for me if if I didn't have a use for the cash then I would rather reduce my debt load quicker, which ultimately increases my cash flow as my that debt is paid down.

@Mason FiasconeMason: I agree with the masses - the success of your investment will be predicated on the quality of your property manager and the amount of leverage you put on the property.If multifamily/commercial, run a model to make sure debt service coverage can handle stressed performance, and maintain a reserve.

Hey All, My name is Eddie Gonnella and I'm originally from Old Town, Maine right next door to the University of Maine where I studied Civil Engineering and lived for 4 years in Orono.

I hope this doesn’t come across wrong, I’d just love to combine two things in extremely passionate about that I could possibly turn into another revenue stream for killing student debt & investing back into real estate :)Ignore this, or shoot!

It shows that you are more ready to purchase and is able to handle the debt load. 

The main idea: you have the assets in holding entities that are not doing anything else, just holding the assets, and you have an operation entity that is doing all activities.