Quote from @Jeff Chisum: Our DSCR is loosening upreally I have clients to refer you to then.. nothing in it for me I dont play in those sandbox's my clients use the DSCR to take me out of my unltr short term lending that I do.

Around the time the second month’s payment was due, this person challenged the charges of the the first month’s rent and security deposit calling them fraudulent in her credit card statement and the money was pulled from my account.

The key is having the right team around you—reliable contractors, a Realtor who knows the investment side, and someone who can help you accurately estimate rehab costs and resale value (ARV).

I don't say this to discourage you from the strategy but I have and do help sellers structure, seller financing and we almost always start the negotiations by asking for 20% down so that the buyer has enough skin in the game.

Hey Guys, I am a rookie investor and exploring the options on what would set us up for success.

Do the tenants pay?

Forget the equity games.

However, in the process of the loan being transitioned to the final servicer one of the payments went to the wrong company and while this error was mine it was within the window of time that they are not allowed to penalize you for it.

How do we protect our investment in the project.?

I drove to the mailing address for the LLC listed on the GIS parcel map, which is a small office park.