Hello,
I am 18 years old and getting into real estate investing. I have a few questions that I hope someone helpful can answer for me. Since I haven't made a deal yet I am trying to get myself as well prepared for when the opportunity does arrive I can take action. I'm located near Cincinnati so if anyone has any knowledge they'd like to share or let me look and experience a rehab near me feel free to message me! Since I am so young I don't quite have any credit worth a darn so I can't go to a bank for funding so I think I will have to find private lenders and do hard money lenders and could maybe use credit cards for some parts of funding. And since I have to do that route I think I will have to focus on rehabs and wholesales as I can't buy and hold a home to pay off a loan as it will take to long for a private lender or hard money lender.
My questions are:
1.)Does anybody have any good real estate attorneys, agents,contractors,etc. near the Cincinnati area?
2.)When should I create an LLC? A lawyer I spoke with recommended I create one right away, also charges 450 to set up one for me, is that a decent price?
3.)What should I get in order so when the time comes to invest I am ready and not left clueless?
4.)Since I am so young what ways would you recommend to get funding for deals?
5.)What do you use to analyze deals and estimate repairs?
Thanks for any input!