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Updated 4 months ago on . Most recent reply

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James Williams
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Looking for investment in Wisconsin

James Williams
Posted

I am part of a multiple-person LLC (Primevets United LLC); we are actively looking for properties in Milwaukee, Wisconsin. We would like to link with a realtor who is well-versed in the area above and knowledgeable about purchasing with an LLC.

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Marcus Auerbach
#2 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
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Marcus Auerbach
#2 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied

No special knowledge required to purchase in an LLC. But you need commercial lending, lately hyped up as DSCR loans. I would be more concerned about your decision-making process and your exit strategy. Putting it bluntly, close to every partnership I have ever seen in REI broke at some point, most of them not pretty to watch. It works best when partners are passive and only one person makes decisions. And when you have a clearly spelled out exit.

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On Point Realty Group - Keller Williams
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