Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul 

Financial Advisement, Files Taxes, Real Estate Investment.

@Patrick KeelyFNMA  is offering rental loans for 30 years at about 4.25% was our pricing on non owner with added hits to pricing for Non Owner and LTV over 70% and scores less than 720You must not own more than 10 financed propertiesYou must have taxes filed and have some kind of incomescores over 640 but ANY credit union or residential mortgage lander can do that for you in the town where the property is located.  

Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul 

For federally designated rural areas only, income capped, and generally no house hacking.http://www.rd.usda.gov/files/fact-sheet/RD-FactShe...

look for multiple mortgages in succession or filing of satisfied or liens.  

Did we learn anything, yes but alot of half-truths too.Came home and created a Nevada S-Corp and put an LLC under it, assuming we would go national.Property bought was in Calif, so more expense to Foreign File both entities.Started looking into creating my own Property Mgmt (PM) business to control out-of-state holdings.Then I learned:PM requires a broker's license or to be under his control almost everywhereThat stopped National expansionwhich then made the S-Corp and LLC unnecessary (to me; I accepted personal risk)Did get good liability insurance and suggest an extra Umbrella policy if you're going to buy&hold (aka become a landlord).

What paperwork need to be filed?  

Regardless where it's created, you must Foreign File in every state where you "operate with Nexis" and that will drive expenses up.

AC will need to file for bankruptcy or the state will take it over, the situation there is bad because of business.