All Forum Posts by: Matt Engle

Hi Aaron, Consider using syndication to structure your apartment building deals. You would have less equity in each deal but you can scale and do many of them to reach your financial goals. Michael Blank is a strong proponent for this strategy and offers tools and training on it. Matt

Michael Blanks's Syndicated Deal Analyzer is a phenomenal tool! Highly recommend it for analyzing apartment deals.

$1,250 monthly cashflow

I have come across a couple of potential rental properties in Painesville Township, east of Cleveland. My preliminary research shows that it is a decent area and renters make up about 27% of the residents there. Is there any additional information about this area that would be prudent to know?

Welcome Mitchell! I am originally from Columbus but I have moved up to Cleveland for work and am also looking to transition some of my investing to the area. I look forward to meeting you at the Cleveland meet-up.

Hi Vincent! Welcome to BiggerPockets. I am currently investing in single family homes but looking to move towards multifamily in a few years. I look forward to seeing you around the forums.

Thanks Nuhan! I will talk to lenders in my area to see if they will support having both my name and the LLC name on the title.

Hi Egheosa, Andrea Engle at Keller Williams Greater Cleveland NE is investor friendly and can pull comps for you. I can't post her contact info outside of the marketplace but PM me if you'd like to reach out to her. Good luck!

Welcome to Bigger Pockets Eric! I recently began investing and I learn a lot of good information on here. Look forward to hearing from you around the forums.

Hello Everyone, I created an LLC to operate my investing business and provide protection to myself and my 2 partners. By running my company through an LLC I found it very difficult to acquire financing for properties in the name of the LLC while the company is still very young (< 3 years old, monthly cashflow < $1000). What options are out there for me to finance a deal in the LLC's name? Additionally, is there a way to transfer the title of a property to an LLC without the risk of the lender invoking the due on sale clause and calling the loan? Thanks for your help!