Bring all of this info, pictures of the houses, tenant leases, an updated financial statement for you and any partners, and see what they offer.You're off to a great start :)

We might be thinking too much into it, but we would love some input as to how to make this financially viable for our business.Best,Rory

He made a large investment that flopped a bit ago along with a divorce etc things got messy, the goal is to create equity so he can buy his own warehouse so as as I build properties when he positions himself in better financial position (2-3 years) he'll start buying properties off of me and my goal is to purchase more properties with the money I receive from him.Being that it is a family company and I am the oldest I am next to take over the company when and if my dad decides to retire (which I doubt he ever will, he's a workaholic) but I see it benefiting everyone involved.Again I could be wrong but I feel like I have the right people behind me and I know the employees would be open to this let's say that of the 43% that said yes 10-15% actually are serious about it that will give me enough to fill the two homes.The super point is a good one, I may have to put more thought into that one.Again, thank you.

I have on several occasions had a seller tell me to make an offer before they would provide me with the actual financials.

The hardest part is understanding the financials.

Be mentally and financially prepared for speed bumps, road blocks, riots, fires, eathquakes and floods.

if you have great credit, solid assets and great income, sure,,, it would be based purely on your financial situation and wouldn't be secured by any properties.Banks prefer to have something to secure a loan with, so an open line of credit will be limited by your credit and ability to pay.

I am a new guy just looking to become financially independent and thinking that real estate investing will get me the best return.

I also have a financial institution contact for you.

You may never need it, I haven't, but if you did it would be a bump in your financial road instead of being tossed off a cliff.