All Forum Posts by: Harit Pat

Dear BP members,

I'm in the process of purchasing my first property in Ohio within the next 1-3 months and am seeking information on financing options for a Canadian investing in Ohio. Specifically, I'm interested in exploring Fix & Flip as well as BRRRR strategies. Currently, I'm in the process of setting up my entity (C-Corp/GP/LP/LLC), and I have a few questions:

1) What is the required down payment, and which documents are necessary for the financing process?

2) What interest rates should I expect for Fix & Flip, renovation, and BRRRR properties?

3) In the event I am unable to sell the property after the Fix phase, what mortgage options are available?

Your insights and guidance on these matters would be greatly appreciated.

Thanks everyone for your support. I will reach out once i am at that stage. Still working on setting up an entity.

I'm interested in establishing an entity for real estate investment as a Canadian investing in the USA. My primary goal is to avoid double taxation and ensure the best asset protection. After following several forums, I've learned that the recommended approach is to set up the entity as follows: C-Corp -> Family Limited Partnership -> LLC. I'm seeking an asset protection attorney who can assist me in setting up the entity correctly to facilitate scaling the business across multiple states. I'm eager to hear recommendations from the BP community.

Thank you.

Hi everyone,

I'm Harit Patel from Toronto, thrilled to join this real estate community. With a passion for investing, I'm excited to explore opportunities in Cleveland and Columbus. Looking forward to connecting minded person and trustworthy team of Realtor, Wholesaler, Lenders and General contractor who can assist scaling my real estate dream.