All Forum Posts by: Account Closed

Thank you so much!

Are hard assets like real estate considered securities in the eyes of the SEC?

Thank you very much! You have been extremely helpful. John D.

Thanks! Regardless of whether or not I have a business line of credit which will ultimately lead to the LLC's credit score I will need a PG to get long term financing in the LLC's name? If this is true should I build up my personal credit first then work on the LLC's credit to take care of the expenses from the property? John D.

I am going to start building my credit with a secured credit card when I turn 18 to make it easier to get the financing for income property. I recently started researching entities and I can across something called a series LLC which would allow me to keep all the property under one LLC but "separate" as well function as a holding company to acquire other assets. Long story short we both know the wealthy are made of borrowed money...would my LLC have a separate credit score from my personal score. If so how would I build it?

Once again thank you so much. I am going to reach out to a few lenders today and see what they have to say.

Thank you so much for all your help. I am more interested in fix and flip deals...I have bigger plans for the cash down the road. Alejandro Flores

Thanks. How you would recommend I find and approach a funding source seeing as I do not have a credit score or a piece of property tied up yet. Alejandro Flores

Can I legally flip a property at 17?

Thanks! First do I get the property under contract then approach a funding source after I run all the numbers? Secondly is this legally possible...I'm 17? Alejandro Flores