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Updated over 5 years ago,
Financing a start up questions
Hello! I am new to real estate investing. I am currently working as much overtime as I can fit on my schedule to save money to get started. I have been using this time to learn as much as I can. I am trying to decide what approach would be best for me. One approach I am considering is trying to just jump into the deep end. My questions are 1. If you start an LLC do you have to wait a certain amount of time before you can qualify for a loan under your LLC to buy investment property? 2. Would a business start up loan work? 3. How much of a down payment do they look for when purchasing multi family units under an LLC? Any other recommendations or advice you can give would be greatly appreciated. Thank you so much for taking the time to help me with these questions.