The reason I’m looking into using llc is because it’s a commercial property with 5 units so there is significantly more liability with tenants and their customers and if there ever was a lawsuit I’d like there to be an llc.

Quote from @Dave Foster: @Daria B. those types of metrics will be treating both the cash from the 1031 and the cash from you as inflows. 

Purchase price: $235,900 Cash invested: $70,000 Sale price: $399,000 Complete Renovation: deleting walls to open up kitchen into living room, new kitchen, cabinets, appliances, custom doors, floors, trim, paint, new laundry room, new powder room, new master bathroom, custom woodworking, exterior farmhouse paint, all new interior paint, etc.

It’s also a very large investment in exchange for a customized mentorship.

(Get a QI like @Dave Foster involved BEFORE the sale.)

Thank you, @Dave Foster.

Quote from @Kamari Foster: Hi everybody my name is Kamari.I live in Ohio and plan to buy my first house hack by the end of this year!

@Daniel Lidwinyes - try The One Brokeragenot affiliated with them in any way nor posting on their behalfjust a current customer 

It restricts the collector from disclosing the borrower's debt details to anyone except the borrower, their spouse, or their attorney.Gramm-Leach-Bliley Act (GLBA): This federal law mandates financial institutions to protect customer privacy.Fair Credit Reporting Act (FCRA): This law regulates how credit reporting agencies handle borrower information.

I try to appeal to what my customers want in the area. happy to connect offline and chat.