Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Narragansett, RI
3
Votes |
7
Posts

Business Plan ETC.

Account Closed
  • Real Estate Investor
  • Narragansett, RI
Posted

Hey Everybody, I am a young investor looking to get the ball rolling on my Business LLC and I need some opinions. The goals of my LLC are to acquire a single or multifamily rental or flip in Rhode Island, Mass or CT. This will be my first transaction and I want to make sure that I am prepared and learn as much as I can from it.

- The LLC that I am planning on starting is going to be an S-Corporation

-I have yet to define which style loan I am going to get...so I am open for suggestions.
-What can I do to prepare myself and my LLC prior to going to the bank?

-I have the set parameters for a property defined. I built these from many of your blogs..Thank you!

-Now for the Taxes.... What tricks can I do to prepare for the taxes when I set up my LLC (S-Corp) and loan?

-Now the Exit... my favorite part. I have yet to define this critical set in my evolution. I want to define this step from a collection of others experiences. For my situation what do you think would be the best and most efficient exit strategy for my LLC?

Thank you,
Hunter Sperry

Loading replies...