All Forum Posts by: Wayne Terry

Hello BP,

Quick question. Should I start an LLC before I start my first flip? My team is just about put together I just want to protect myself. I'd appreciate your thoughts.

Thanks,

Wayne

@Andres Sotelo  Thanks for the info!

@Brent Coombs  not quite sure where you're gathering that from. however if you have some useful input on acquiring loans for flipping houses I'm all ears!

"house" it going everybody! I'm ready to jump in the game. I feel like I have the theory and the mechanics down for house flipping thing. My hurdle now is getting the money to get to actually make some things happen. I don't have very good credit right now and not very much saved. I hear there is such a thing call hard money lenders but I wouldn't know how to getting contacts with one. Help me out BP! 

Good luck @Ana G.

I've been listening to podcast 108 with Grant Cardone everyday since its air and it has me very motivated. My goal is to invest in multi family homes and flips. I am looking for advice on how to start with $1000 cash. I know that's not much money. But I need to get started asap! Thanks!

Great post!

Hello Atlanta,

I'm working around 60 hours per week right now and my goal is to leave this crazy retail career and invest in RE full time. I want to get a job in a bank or at an apartment complex to help me gain experience in the RE business. Does anyone have any comments or suggestions? If there is anyone in the Cobb County/Douglas County area that knows of any job opportunities please let me know. Thanks!

Hello All,

Has anyone ever used a small business loan to get the cash to get started? If so do you need an LLC?

That makes sense now. I was trying to find the connection. Thanks Rick Harmon and Ibrahim S