All Forum Posts by: Nick Giulioni

How are you financing them? If traditionally financed, you should probably take possession in your name and then deed them to the LLC.

Do you have an aversion to creating an entity?

Thanks for the recommendation! I'm about to go shopping! Can highly recommend the first 2.

Hey - what items are you talking about? There are often pre-order bonuses if you buy directly form BP.

Zillow is kind of hard to find consistent data. Filter by apartments for one search. In another, you should look for houses and use keywords like “duplex, triplex, tri-plex, quad, quadplex, fourplex, four-Plex, mother in law, mother-in-law” etc.

 The lender kind of gets to dictate whatever they want unfortunately. That said - I’ve personally never heard of them needing the buyer to be present.

Sounds like you have a plan! Welcome to the community!

I’ve used local to the property title companies in the past. They can send out a notary to you wherever you are. Closed on >10 properties out of state and was never once present. 

Thanks all for the clarification!

Looks like you found a good opportunity! How were you able to get a conventional loan without an inspection?

 Honestly that doesn’t surprise me. I’m guessing I will have to slowly offload my properties in order to get my capital back out.

Do you have any regrets moving the multi?