My loan officer suggested creating an LLC and buying houses under the company name and using me as the personal guarantor, thus allowing me to own/control four more.

Or with a duplex driveway, one could try a snowblower or one of the body sled type shovels (depends on your amount of snowfall and personal fitness/interest).

Although I'm here for investing, this is a Xome home that I'm going to bid on for my personal occupation.

It comes down to personal preference. 

How many traditional mortgages can one person hold before you start getting turned down?  

(don't worry I didn't' pay a dime over appraisal LOL)I moved here for economics, I personally expect home trends to increase for a few years with normal hiccups along the way, I'm riding the wave upwards.

I got 2 small perrsonal checks from him at closing on a couple small items which gave me a bank account to go to the sheriff's office along with my writ of execution and they seized the money from his account as I timed it for a couple days after he collected his rent on a llc and moved it into his personal account. 

Donald,Net worth is the same as any net: Assets - Debts.I am guessing that you want to know if the person your are financing has a pot to do their business in.Have them fill out a form 1003 (online for free) and pull a credit report.

If you are an investor, LL, real estate professional, contractor, painter, maintenance person, or at all interested in Northwest Indiana real estate, join on in for discussions.

personally I use 2% of purchase priceI don't factor in loan or anything like that