Looking to stay local (Central FL markets) or open to other areas?

Welcome to the world of re-opening the walls to show your plumbing and electric work.

Setting up the LLC in Ohio was affordable so if we decided to go forward with a BRRRR we could always open another LLC for that too.

The more complicated your business structure becomes, the more problems it can actually cause such as when looking for lending options, getting the best interest rate, keeping clean accounting, filing taxes, opening bank accounts, getting credit cards, executing a 1031, making title insurance claims or even triggering a due on sale clause, etc. 

I've been trying to find some folks that would be open to developing it into what amounts to a 0% down investment property financing model.

Without question, do not open escrow or transfer funds without going through a Real Estate Law Firm. 

Do you want to buy something more turn-key or are you open to some level of rehab (more than just new carpet and a coat of paint)?

@John BurkeI am open to look outside sioux falls.

However, the City initiated the “Buy Into Baltimore” open bid program (which we’re interested in participating) through which you can bid/buy city-owned abandoned/vacant properties for redevelopment/resale.The problem is, there are so many blighted neighborhoods in Baltimore, it’s tough to know where to start.

Quote fro: Quote from : Quote from : @Richard Pastor@Jay Hurst would they let me open a HELOC on an investment if it has a DSCR loan in a LLC?