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Updated almost 3 years ago,

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3
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0
Votes
Harrison Payne
  • New to Real Estate
  • Evansville, IN
0
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3
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Funding/Loans and LLC's

Harrison Payne
  • New to Real Estate
  • Evansville, IN
Posted

A few concerns I have are funding, as well as starting an LLC. I am definitely wanting to start an LLC, but my question is, do I need to create one prior to having my first deal, and will I be able to add previous properties to an LLC? I was also originally planning on paying for my first property with an FHA loan. My concern was that I want to do The BRRRR method, as well as house hack the first couple properties. Is getting a hard money loan for my initial property a wise choice, and where would be a good place to start in finding hard money loans? Thanks in advance, I appreciate any feedback!

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