@Al Mardrus, i didn't watch the webinar so cant comment specifically.But can say that if he put this price and the down payment together with stating the interest rate and length of the loan it would be included. you may want to re watch the recording and see what numbers he plugged in.you will need to be at least 4k a month rent to cash flow $700 if he accounted for all expenses. he may have not. you can play with the BP calculator and see how the underwriting change as you change the data/ numbers you insert.just play with it a little and see.

My accountant told me I do not need to create all these entities just need to have good insurance for each rental.

I give that type of info to my accountants, they understand the goal, tell me how to put it in QBs, and make it happen and it is generally pretty good plan. 

I've studied a lot over the past few years, and didn't decide to take it serious until recently. 

Start studying as much information as you can about real estate investing on sites like BP, YouTube videos, etc. 

I feel that these guys are falling behind because they are underbudgetting and do not have the accounting to support them to realize that they are not making money. 

The use of the personal loan was invaluable because I could realistically make all cash offers because the money was sitting in my bank account.

All things being equal, our banks will always take chances to make more money and our government has set the precedent that they will not hold the banks accountable.

Also, If you get a good quality tenant they will pay direct to your bank account or mail you a check monthly.

Also, can you have a dual account with both an IRA and IRA Roth?