I’ve read that lenders will only allow an individual to have at most anywhere from 5 to 10 loans (that limit can vary depending on the lender) and if I’m taking a loan out for each property doesn’t this limit the number of single family homes I can acquire?

Public records at the county or online should tell you who owns the property, then try skiptracing that individual.  

@Lisa SlussStart Networking with private individuals with cash or retirement accounts and leverage your equity with private lenders instead of banks.

I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or loose money in any market.

But in terms of obtaining financing, can our LLC (with all five of us as members of the LLC) obtain residential financing (four units or less) or does the mortgage have to be under an individual or individuals?

They are located out of state and her taxes are much higher than mine on an individual property basis, but she doesn't make much from two in comparison to me, around 1,800 per month I think.

You can also use a site like rentometer which pulls local rents from the area for houses that are already leased, you can then click on these individual properties and see what they are renting for.

We have decided to use the BRRRR method.We are each starting with an initial contribution of $10k and splitting the profits (after all expenses and contingency funds) based on our ownership percentage, starting at 1/3rd each initially.My question is really, how do we structure the purchase of our first property such that no individual is at risk of being screwed if it all falls apart?

Thank YouHi Justin, commercial lenders will be looking for the following but subject to lender and product-specific: (There are niche lenders)Investor Only - loans to Individual, LLC, Corp and Limited partnershipAppraisal of propertyUS or perm resident (some will lend to foreign nationals at 65% LTV and higher rates)3 mos PITIA and closing costs (some will use loan proceeds for this if within LTV thresholds) 3 mo bank statement for proof30-day ownership seasoning on refinancing (some 30 days to 90 days)No tax returns, DTI calculations or income qualification (most)LTVs up to 80% (some sweet spot is 75% for cash out)DSCR 1.0 -<1.3 (some will look at this but some won't sweet spot is 1.2)Credit 650+ (credit will impact rate and LTV)Min Property Value $75K (Higher min in certain areas)Lease or unleased (must be rent ready .. rate may vary)Min Loan Amount (lender specific rates will vary on amount)5/1 ARM, 7/1 ARM, and 30-yr fixed-rate structuresNo sourcing or seasoning of funds (some will ask for 30-60 days seasoning)Must own primary home (lender specific some do some don't) 

I'm sorry I don't know how to reply to each individual comment on my phone...