How much experience do you have with Partnership tax returns?

Investing will always be scary and that is why there is a return.

The Millpond Ct property sold for $785,000 on 11/15/2024, generating a remarkable return on investment.

I’ve gotten $10k in returns from a couple of 6 month loans, and some EMD loans. 

For residential mortgage, an LLC needs two years of its own tax returns or occasionally, a local credit union where you have an account will ok it.The bigger question is about your partnership.

Have sold several in the area breaking even turn key or 3-5% cash on cash return after renovation on first year.

If the primary goal, and it should be, of every investor is a return of capital and the secondary goal is maximum return on that capital, then you are in a great position.The real problem you need to solve, as I see it, is taking advantage of the unused equity in your Atlanta property.

If you are looking for cashflow, the key is to transition the equity you have into assets that provide a higher return on equity (ROE).

I get the 2 schools of thought on keeping cash flow to stay liquid vs. investing your money where it will make the highest return, but my W2 job salary means I don't "need" the 2400/year of cash flow at the moment, really all I am looking to do is maximize this rental return over a 10-15 year return window.  

I want at least $200/month/door and an overall return of at least 25% CoC.