All Forum Posts by: Corey Blake

Fair, I can see how I was scatterbrained there. First post jitters! Appreciate the reply as well!

1.) Looking for alternative areas outside of NY/NJ/CT area

2.) What are the biggest hurdles with purchasing in a state that is much further away (Midwest etc) and is it smart for a first property? It seems money can travel much further outside of our area.

3.) Recently opened an LLC and would like to run the financials and everything through that. Will a lender still need to look into personal capital etc?

-If I move money from my homes equity into the business account, will that red flag? 

-How does LLC/personal loans differentiate when applying for loans?

Good morning all!

First and definitely not last post or question here. I looked around a bit and didn't find anything that came up in relation to my personal question. Anyways...!

I am looking to purchase a multi-family home, outside of New York due to tenant-landlord issues here (really the fear of it). My goal is more for passive income/break even along with wealth later in life, currently 35 YO. I've been doing homework, listening to pod-casts, reading and the knowledge out there is phenomenal and overwhelming at the same time. I do not have any affiliation with others locally or anything either to discuss, willing and open to knowledge and conversations!

That being said, if doing so, what is the best way to go about it? I'm sure I'll have many more questions to follow as well. 

Appreciate you all!