About ready to pull the trigger on my company

[Brandon Schlichter]

I've been investing in RE for well over a year now, and have had 2 properties that I've been relatively succuessful, a SFD property bought as a REO , repaired cheaply and increased equity by 40% and a 6 unit apartment complex that is now cashflowing and has increased by about 400% in equity.

We will be finalizing some credit account the comming week to secure enough money to start buying atleast one property per month to add to our portfolio.

Our goal is to buy properties in decent neighborhood at no less than 35% ARV , rehab and then lease-option or other type of seller financing/RTO deal. I have been working for the past 6 month to get enough wholesalers who provide properties to get atleast 3 gems per month , so I can build up my team.

Are there any sugguestions from those who went to the next level with their business? I'm planning on having properties in LLC groups owned by a corporation, my hope is that it will limit liability to each properties.

The biggest thing i've learned in the past year and a half has been underfunding investments, our apartment complex has cost us greatly from unexpected repairs, thankfully this secured line of credit will allow us to have more than 10 times the expected ammount(s) to rehab each property per time.