Quote from @Wilson Lau: Quote from @Zhenyang Jin: Hi all,I under contracted one 6 units multifamily in Bay Area and doing commercial loan with Chase. 

I started my jouney here in 2011 and I am still learning everyday - especially from others on this forum.My personal portfolio is located within Stamford and Bridgeport.

Quote from @Ryan Roth: Quote from @Daniel Murphy: Similar to what others have said...

With this property I racked up some credit card debt, around 20k and I need another 20k to pay contractors/supplies.

I bet you learned A LOT.You can also leverage my team to help you out next time.

A second problem related to “over leverage” is a lack of contingency funds.  

Good you are researching this topic - I also love subject tos and have written a book on the topic.  2. 

Quote from @Virginia Frost: I'm always looking for a good opportunity but honestly my next purchase will probably be something that I don't have to do a total overhaul on.

Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

She prepared my books from 2023 and I got those filed.