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Updated almost 7 years ago on . Most recent reply

Jonathan Castillo's profile image
Jonathan Castillo's profile image
Jonathan Castillo
  • from Austin, Texas
  • Member since Aug 7, 2017
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Jonathan Castillo's profile image
Jonathan Castillo's profile image
Jonathan Castillo
  • from Austin, Texas
  • Member since Aug 7, 2017
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Jonathan Castillo
  • Austin, TX
4
Votes |
17
Posts
Starting Out

partnership begins when?

Jonathan Castillo
  • Austin, TX
Posted

A friend of mine is an agent in my local area, we want to invest in a small mf 2-3 units out of state. We are currently, working with lenders for a pre approval letter to start shopping. My question is where do we begin with an LLC formation? before or after the loan approval process? Also I know we should get an operating agreement but the question is when?

Thanks 

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Caleb Heimsoth's profile image
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Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth's profile image
Caleb Heimsoth's profile image
Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
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Definitely before you close on anything

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