@Eric EspinosaWelcome to the vibrant BP community, where you will find like minded individuals committed to REI and also helping others succeed.Your time on this social media site will be well spent.You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.I didn't see any mention of your particular REI area of interest, but, whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.I added three links below from the most popular niches for you to pick one, focus on it and expand to the others if needed later.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)Also, in reading your introduction my take is that you should stop thinking of the past in terms of could have, would have and should have.

I was referred to this site by a close friend currently working in real estate and wanted to dig in with other like minded individuals.  

It is not so much indicative of me jumping the gun, but rather an effort to establish working relationships with the necessary individuals and "building a great team" for my investment path.

I hired an attorney to structure my legal entities according to my individual circumstances, and I recommend you do the same.

Ideally, you just want to be the individual that connects the dots for other individuals. 

But if it appraised at 35 there isn't a bank or individual who would loan you 55K on it.

And I will certainly give this some serious thought...it's always better to work with other motivated individuals :-)ToddOn Wed, Jan 6, 2016 at 12:45 PM, Bobby <> wrote: Unit A would be $725 so I assume you would raise unit B once their lease is up in 6 months which would be $1,450/month.

Have not touched the TSP from day one, and it's frustrating when individuals looks at you crazy when you say the TSP is a waste of time.

Additional BP wisdom says the definition of a "deal" changes with the individual investor, location, the market, and the economic times.   

If not, is the LLC the current borrower or financed to you and your business partner individually and by "through an LLC" you mean you transferred deed to the LLC after individual financing?