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Newbie NEEDING Guidance on 1st investment
Hey guys. So I’m building a cabin up in north Georgia mountains. We close on the loan in a few days. I will be putting it for rent as a short term rental. What steps do you guys believe I should take now. Start Llc? My loan is for $ 233,000 at 2.875 interest rate 31 year conventional loan. Just had property appraised and it came back as $298,000. I really appreciate all guidance. I’m new to real estate and really enjoy the help of bigger pockets