Personally, I make my upgrades with resale in mind, even on a BRRR.

20% down payment will be personal cash that I’ll put into the LLC as a capital contribution.

@Bobby Dailey - just to give a different perspective, for future appreciation of significance, I personally would not consider any of those four locations you noted (Jasper, Clanton, Eva, Oak Grove).

I've only spoken with two companies that work with housing for one person and the property that I'm looking to obtain is a three bed

These forums are not for personal attacks mentioning someone education as you feel its the only qualification to be an investor….

You are the owner if you try to borrow with a LLC or if you borrow in your personal name.

I persisted and much to my surprise one day the door opened a crack and thus began a multi month journey through this man’s personal hell that eventually led to a $30,000 profit.He owned a local Jamaican bakery that was failing; his marriage was ending and his soon-to-be-ex moved out with their 5 year old daughter; and now he had lost his house.

They also have a Personal loan, $40k to $900k at 5%!!

How would you explain these buyers terms to the seller. ok. 30 year amortization means the monthly payments are based on a 30 year loan, but at year 20 whatever the balance is they pay it off then (balloon payment)Personally I would NOT accept any of these offers.

I personally have mine through USAA.