All Forum Posts by: Scott Alfano

Did you use your personal credit history to help with the borrowing? Thanks for the response.

I am forming an LLC with three other partners in order to protect our individual assets when buying real estate. Unfortunately, the LLC has no credit history (as it is brand new) and has no borrowing power. We are trying to avoid buying in all cash so we can take advantage of low interest rates, and so we can buy multiple properties. How have some of you gotten through this particular kind of setback? I understand private borrowing may be a popular answer. What were the terms? If you went in with another investor, what kind of contract did you form?

Thanks

Andrea, I am currently in the Orlando area. If you have any questions, don't hesitate to message me. After all, with a name like Alfano, you'll feel right at home :)

Good Luck

Thanks for the kind words guys. I will probably be speaking with a few of you very soon.

Hey everyone! My name is Scott Alfano and I am in the process of starting a real estate investment property group. I just graduated with my MBA from Rollins College in Orlando, and I plan on investing in properties mainly in the Central Florida area. I am interested in speaking with anyone who has a lot of experience with buying rental properties, or the Orlando market in general. Thanks!