It's funny how you can fill your mind with education and then when the moment of truth comes and you have to decide it can feel paralyzing in some ways.Educating yourself is so important, and I think that the general education of listening to the podcast can serve as a great foundation.

I heard that having a LLC structure of having a Wyoming LLC registered in California as the single member of all my Indiana LLCs serves asa better strategy for asset protection.

I’m in the process of purchasing a second home in Aspen, CO, which will also serve as my first STR property.

I've become interested in finding an individual who can serve as a business partner (doesn't have to be 50/50, in fact wouldn’t want that), but a business relationships that would span across the entire business and someone who would share some of the workload, guarantor requirement and capital contribution and capital raising responsibilities, all of which currently falls on me.

I live right in Glastonbury and I serve the greater Hartford area.

Your $80K HELOC can serve as the down payment, as most lenders require 20%-25% of total project costs upfront.

The buyer may pay off the remaining balance at any time without penalty.2.Late Payment Penalty: A late payment fee of 5% of the overdue amount will apply if payments are more than 10 days late.3.Loan Security: The property will serve as collateral for the seller-financed loan.Hey @C.S.

Post back if you find another lender who serves you well, and I will add them to my list and pay it forward.Ridge Lending All in One, first position HELOCAmericafirst 80% LTV on noo 65% LTV UtahArvest Bank AR, OK, AL, MO Bank of the west BB&T will loan on a rental portfolioBBVA Compass Boeing employee credit union California: Cal Coast Credit Union and Fremont Bank.

Follow up outside the activities to ask for business and see how you can serve them as well in their business.Best wishes and good luck.

DSCR/hard money are non owner occupy loans.If you decide to do FHA203K for the first home - a 203K consultant/inspector will be required for the standard 203k loan, you will unlikely be able to serve as GC and you sign a 1 year occupany affidavit.