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Updated over 7 years ago,

User Stats

39
Posts
2
Votes
Noah Wood
  • Real Estate Investor
  • Maineville, OH
2
Votes |
39
Posts

Forming a Team Need Help Please

Noah Wood
  • Real Estate Investor
  • Maineville, OH
Posted

Hello, 

I am 18 years old and getting into real estate investing. I have a few questions that I hope someone helpful can answer for me. Since I haven't made a deal yet I am trying to get myself as well prepared for when the opportunity does arrive I can take action. I'm located near Cincinnati so if anyone has any knowledge they'd like to share or let me look and experience a rehab near me feel free to message me! Since I am so young I don't quite have any credit worth a darn so I can't go to a bank for funding so I think I will have to find private lenders and do hard money lenders and could maybe use credit cards for some parts of funding. And since I have to do that route I think I will have to focus on rehabs and wholesales as I can't buy and hold a home to pay off a loan as it will take to long for a private lender or hard money lender. 

My questions are:

1.)Does anybody have any good real estate attorneys, agents,contractors,etc. near the Cincinnati area?

2.)When should I create an LLC? A lawyer I spoke with recommended I create one right away, also charges 450 to set up one for me, is that a decent price?

3.)What should I get in order so when the time comes to invest I am ready and not left clueless?

4.)Since I am so young what ways would you recommend to get funding for deals?

5.)What do you use to analyze deals and estimate repairs?

Thanks for any input!

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