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Updated over 4 years ago,
What to do first? LLC? Pre-approval?
So..I’m ready to plunge in head first. Will have to do conventional financing with 20% down as I’m looking for a MFP (4 plex) and will not live in it.
What would be your first step? Establish an LLC? Can you get pre-approved up to a specific amount without having a specific MFP in mind? Obviously you don't want to write an offer without being approved for a loan, but MFP can move quick and be under contract within a few days. An offer can't come before the financing…
if you've found a ‘good deal', what's next? LLC? Financing? Offer??
Thanks!