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All Forum Posts by: Aric Zaky

Aric Zaky has started 3 posts and replied 5 times.

@Aric Zaky I forgot to mention I’m looking for a 20-30 year term

I’m looking to purchase a property in Baltimore in the 55-100k region. The properties I’m looking for are going to be owner occupied to cash flow from the start but I wouldn’t mind fixing a home to eventually rent out. I have a excellent credit score right now, enough for a 20% down payment and steady income. My only problem is that since I’m a 1099 worker I need 2 years of income but I was not working during the pandemic. Does anyone know a lender who may be willing to work with me? Preferably in the state of Maryland.

Post: Partnership in a LLC

Aric ZakyPosted
  • Posts 5
  • Votes 0

@Will Fraser @Ollie Bockwinkel Thank you for the responses! Very helpful

Post: Partnership in a LLC

Aric ZakyPosted
  • Posts 5
  • Votes 0

I live in the southern Maryland area and I am planning to purchase a property in Baltimore possibly with one other person. I currently have a LLC but the person who would pretty much be my partner is not a member. Would this person need to be a member of the LLC to purchase the property with me? What kind of paperwork would I expect to fill out if we are purchasing the property together?

Post: Partnership in a LLC

Aric ZakyPosted
  • Posts 5
  • Votes 0

I live in the southern Maryland area and I am planning to purchase a property in Baltimore possibly with one other person. I currently have a LLC but the person who would pretty much be my partner is not a member. Would this person need to be a member of the LLC to purchase the property with me? What kind of paperwork would I expect to fill out if we are purchasing the property together?