The liquidity or funds for the purchase can be in your new entity or your personal bank acct.

Hey all,Just wanted to introduce myself - bought a duplex in Los Feliz over the summer with a few business partners and will be renovating the property while living there.

In that time if you are netting $1,500/month - that is $54,000 worth of rental income you would make over the next 3 years.  

Additionally I would suggest having the long term financing relationship built so that they can easily transition the deal after renovation. 

All the best!

While I do maintain a relatively modest percentage of my assets in money market instruments, corporate debt funds, and high dividend stocks, I remain most comfortable with the investments I specialize in and know best.  

If you can afford a higher payment, a 15-year mortgage saves on interest over time.For the down payment, aim for at least 5%, but if you can put down 10-20%, you'll avoid PMI and could get a better rate.

This self claimed "Drug Addict to CEO" doesn't pass the sniff test in my opinion.

Personally, I started off getting referrals from other real estate investors when building my team but eventually found and added my own people to my network over time.

Hi Kyle, welcome to the community!