Just yesterday, I helped a fellow BP member go under contract on a STR in South Central PA.

@Madhuri Gupta - I recommend going to the BiggerPockets Search Icon (Magnifying Glass) and type in "Flipsystem". 

You shouldn't let your GC run wild and do whatever they want - tons of things can go wrong. 

Hi,Checking if anyone has any recommendations on how to go about setting up llc and how it impacts personal loans for the same.

For a conventional loan the UW will "source" all deposits on the bank statements. so, if 20k just shows up with no explanation they are going to ask for proof of where the funds came from.

So how many have you picked up, how's it going ?

Thankfully my credit score is strong so I have that going for me.

I've heard that the down payment percentages for investment properties can be higher compared to primary residences.Specifically, I'm looking for insights on:The typical down payment percentages required by conventional lenders for investment properties.Any differences in requirements for single-family homes versus multi-unit properties.Experiences with different lenders and any recommendations for those offering favorable terms for investment properties.Any tips for negotiating better terms or finding lenders with more flexible down payment options.For context, this will be my second property, and I have a good credit score and a stable income.

I have about 10K but that's not going to get me anything right now.

As I was reading your question I was thinking about suggesting you to go with real estate syndications.