I was wondering what everyone's experience with establishing a legal entity for REI has been like, and when do you recommend a person to do so?

This entails carrying out in-depth market research, examining prospective properties, and drafting a comprehensive investment plan that details the risks and possible rewards.Establish Credibility and Trust: It's critical to establish credibility and trust with possible private lenders.

Once the bones of the network are established then it's a matter of repetition.CAN you do it with no money down? 

In my opinion - no, you cannot establish it as an STR without any booked visits.

Establishing a corporate entity, such as an LLC or corporation, under which the property will be vested, is a common prerequisite.

As a result, I'm finding it incredibly challenging to establish credit or secure traditional sources of income.Currently, my kids and I are living with my parents in Sigourney, having moved there last June.

Establish a high standard screening process, and stick to it.

This is an inherited property would like to have that sale considered establishing the new tax basis. it sold on 1/12/2022 if that makes a difference.

Today we’re expected to pay a bit more because we know that we are doing business with a well-established, trustworthy company with a huge online presence.

Gross income is easier to establish and this mirrors how lenders qualify buyers for mortgages.