What is your marketing plan?

Things do happen and plans change so typically the bank will not care if payments are made.

Let's discuss your goals and create a plan to kickstart your real estate investment endeavors.

Have your income statement both actual and projected, real estate owned, your detailed plan for going forward, have your FICO score, tax returns. 

My plan is to use the equity starting out for a profitable fix and flip or 2 then obtain another rental property,    I’m just so confused with the equity because how am I to keep being approved for the loan with having so many open?

I did more research last night..For now the plan is to:- close on the house just under my own name.- quit claim the property into a series Ohio LLC in the near future.- open a business checking under the LLC- open a savings to hold the deposits- open a CC under the LLC (Amex blue business 2% cashback on all purchases up to 50k, then 1% cashback on the rest, Very unlikely I'll be spending over 50k a year on just the one property)After further research it looks like everbank actually does offer 5.1% HYSA and business checking accounts with no monthly fees.

asking for myself as I’m planning to acquire and successfully close on my first flip here soon :) 

Hi all - I have a 3-unit multi-family property (3 bed 3 bath, 3 bed 3 bath, and studio) with an unfinished basement and an attached 2-car garage that I plan to remodel soon. 

But again, it really depends on the expectations of those you are planning to serve. 

@Drew Markert Congratulations on your recent acquisition (many never get started).Making sure you have an aggressive payment plan for the credit card(s(, as this is extremely important so that when you want to REFI your DTI is where it needs to be and that you can rinse and repeat relatively quickly.