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Updated about 8 years ago on . Most recent reply

User Stats

108
Posts
23
Votes
Chris Jackson
  • Investor
  • Chambersburg, PA
23
Votes |
108
Posts

What entity is right for me?

Chris Jackson
  • Investor
  • Chambersburg, PA
Posted

Hello BP world! So I am quickly realizing how much more scalable my investing will become when I get money partners involved. Can you guys give me some advice on basic pros and cons of different entities I might form so that I can raise capital for investing? Ideally I think I would like to have a bunch of investors putting their money into a pot, so to speak, that I can just pull from when I need it to buy a hot deal. I'd like to start ramping up the flipping side of my business, using the BRRR strategy to quickly refinance the property and put the money I drew back into the pot. My apologies if I'm being too vague for you to give me very specific advice. I am new to forming entities and so I might not have provided specific enough information for anybody to help me much.

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