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All Forum Posts by: Carl West

Carl West has started 19 posts and replied 41 times.

I’m focusing on flipping houses and other investment properties just want too know what is the best way too set up my llc should I do it professionally or my self? What are some of the best websites to use? And if u have any other tips or further information I will definitely appreciate it thanks in advance!

Post: Lending my friend 5k

Carl WestPosted
  • Washington, DC
  • Posts 49
  • Votes 4

@Odie Ayaga thanks for your perspective I’m definitely considering everything you have discussed thanks! he has about 36,000 left in draw money so you’re right he can pay me back on his next draw and give me the 2500 once he sells. He said he needs more materials so he can complete the work to get too his next draw personally I wanna be there for him as a friend and future business partner so just gotta weigh my options

Post: Lending my friend 5k

Carl WestPosted
  • Washington, DC
  • Posts 49
  • Votes 4

@James Galla thanks for the perspective!

Post: Lending my friend 5k

Carl WestPosted
  • Washington, DC
  • Posts 49
  • Votes 4

@Mark Fries lol

Post: Lending my friend 5k

Carl WestPosted
  • Washington, DC
  • Posts 49
  • Votes 4

@John Morgan thanks for your input I was thinking the same thing!

Post: Lending my friend 5k

Carl WestPosted
  • Washington, DC
  • Posts 49
  • Votes 4

My friend asked me to borrow 5k to finish some work on a property he’s flipping using hard money so he can get his next draw is this something I should consider if so how should I go about it? He’s offering me 7500 total once he sells

I need help setting up llc to flip property’s just looking for pointers and different perspectives any help will do thanks in advance!

Post: getting private funding

Carl WestPosted
  • Washington, DC
  • Posts 49
  • Votes 4

how do I setup and llc to receive private loans to flip properties?

Post: property manager while house hacking

Carl WestPosted
  • Washington, DC
  • Posts 49
  • Votes 4

I was wondering is it beneficial to get a property manager in a house hack when cashflow exceeds my expectations?

Thanks truly appreciate the knowledge!!