All Forum Posts by: John Rocker

Julie,

What did you end up doing? SFR or college students?

How about the second house?

thanks, for all of the good advice

found a smal local bank that will allow me to purchase under the LLC name and then personally guarantee. That with a good umbrella insurance policy should suffice.

thanks to all for the advice. I will try the local bank, most likely CB&T, and see how it goes.

thanks guys. Can anyone explain 1.2 DCR and ARV of 65-75% ?

I am a newbie and just established an LLC for the purpose of buying single family,duplexes and quads as buy and hold investments. The mortgage broker just informed me that lenders will not finance a conventional mortgage to an LLC, only to individuals. This totally goes against the purpose of the LLC to protect me from law suits . How are you guys financing real estate under an LLC?

thanks, Joel.

I would look to rent out the units and actively mange it myself. My goal would be to get to $750k -$ 1million worth of properties over the next 5years

Hello All, I am a new member and plan on investing in buy and hold . I have great credit and no debt with approximately $200k to use for down payments. Leaning toward a duplex or triplex as opposed to single family and looking for advice on how to get started. Working with a real estate agent who is experience