Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 almost 5 years ago,

User Stats

324
Posts
780
Votes
Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
780
Votes |
324
Posts

NMIS for Flipping Business

Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
Posted

Morning All, 

I'm a new investor in Washington County, Oregon looking for some advise on my NMIS for my flipping business. I've just finished BP's intro to REI and have picked flipping for my first niche. I have a few steps listed below I've identified as my NMIS. I'm not sure which order they should be going in and am looking for a bit of insight. I'm putting them in the order I believe to be the best and would appreciate some feedback.

1. Read J Scott's Guide to Flipping Houses

2. Establish LLC for flipping business to save myself from personal financial liability or lawsuits

3. Network with Wholesalers and other investors for some insight locally 

4. Discuss financing with banks and hard money lenders

5. Meet with contractors who will be handling my rehab to have my ducks in a row

6. Find my first deal

Loading replies...