Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Under Contract.. Now What?
I am recently under contract on my first buy and hold investment and all of my research got me to this point but i never learned about this current phase of the experience. I figured it would be one of those things you would only learn by doing.
I am buying the property with private financing and I am inheriting the tenant.
My agent has already reached out to a lawyer for me and is setting up an inspector as well.
I would like to set up an llc and eventually transfer the property over to that as i know it will take some time to set up.
I hope i have provided enough information for feedback. I am just wondering what my next step is this process should be. TIA!