Business License/ Permits

[David Hernandez]

Hi everyone,

Hopping to get some insight on the type of business license or permits an out of state investor would need to get in order to invest in Columbus, Ohio. If any at all.

Thanks,

[Will Fraser]

Hi @David Hernandez  Welcome to the wild world of Out Of State investments!  Typically the only requirement you would have in the average state is to have a business.  Some banks will require you to have a biz in that particular state, but even that seems negotiable.  My bank here in Blowklahoma can lend on properties all across the US, so my business in this state would be the lendee, regardless of the property location.

When it comes to doing trade work on the properties licenses and permits become a whole different ballame, but as an OOS investor you shouldn't need to do much of that.  Teamwork makes all our dreams work!

Good luck on the road of real estate investing!