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Updated over 3 years ago on . Most recent reply
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First BRRRR looking for recommendations for next steps
My partner and I are finishing up the rehab, within the next month, on our first BRRRR in Chester. We're looking for a good, local, PM company and also a good lender in the area. My partner bought the house cash and it is currently in his name. Will a bank allow me to put the loan in my name? Will we need to form an LLC? Any help will be greatly appreciated.
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@Rich O'Neill @Nkuti Ndely I can confirm Rentwell does not manage in Chester. Any other areas is Delco they are my first call, great experience all around from @Sean Watson, I send all my investors to them. On top of that, I very much agree with @Mark Trani, you should definitely for an LLC, yes you will pay the 4.28% transfer tax, but it's well worth the cost considering what it can save you from.