Unless you have the actual financial data to back your analysis you would be better served staying conservative using something closer to the 50% rule for expenses.It could be a possible deal if you could have a lower Purchase price and/or room to raise rents.

Jeff Goff the LLC loan will not show up on your credit report so it's up to you if you want to list the property as an asset and debt as a liability on your personal financial statement when you apply for your primary loan.

For financial reasons, you may choose to purchase in your personal name first then immediately transfer to the LLC, as opposed to buying in the name of the LLC, but either way you will want to be prepared with the LLC and operating agreement in place prior to any property purchases.

We will treat it as an investment property, and we’ll still want our minimum financial requirements met on the property we choose.

Second, I am afraid the price of our home right now is at its peak estimated $635k and would like to use that equity money (roughly around $200k) to fuel my planned venture to financial freedom through real estate investing.

Hi BP,I am a new investor from MA looking to start my journey to Financial Independence through buy and hold investing.

The certified public accountants prepare reviewed semiannual and annual financial statements twice yearly and the company provides them to interested accredited investors upon request and returning its privacy non-disclosure agreement.

I currently trade/invest in different financial markets (stocks and cryptocurrency) & also have a business helping people become successful traders/investors.

Whats going to help me decide between the two is whichever is easier to get started in without a ton of financial capital.

You probably will get what you pay for and you can tell what kind of reporting they should give to you, especially financial reporting and how often.Being a real estate Agent should help you but you should keep currently educating yourself so you can get current information to help you stay on top of things.