All Forum Posts by: Daja Hallums

@Benjamin Aaker Hi Benjamin! Thanks for the advice! I see how an LLC can offer great protection as I grow my investments. Your $1M property value rule makes a lot of sense. I'll look into using LegalZoom for setup, especially since I'm starting out solo. Appreciate the insight!

 Hey Travis, thanks so much for this information! I actually do live within the city limits, but I don’t own my primary residence yet. I didn’t know about Detroit’s down payment assistance program, so I really appreciate the heads-up and the link. The idea of house hacking a duplex sounds like a smart strategy, and $25,000 towards the down payment and closing costs would be an amazing help. I’ll definitely look into this and start working on it. Thanks again for the tip!

@Drew Sygit Thanks so much for the helpful information! I appreciate the insight regarding funding options.

Hello everyone! I'm Daja from Detroit, and I'm new to real estate investing. I'm eager to learn the best strategies for funding my first investment property, focusing on single-family and multi-family homes. I'm also curious about whether I should start an LLC from the beginning. Looking forward to your insights and tips as I embark on this exciting journey!