I am wondering for those who have an LLC for their rental properties if they are purchasing properties with the LLC or if they are purchasing under their name and then transferring to the LLC?

I wouldnt give any consideration to what the seller needs in order to break even in determining the purchase price.

I’m in the process of purchasing a second home in Aspen, CO, which will also serve as my first STR property.

Quote from @Roger D Jones: Quote from @Fred Scott: @Roger D Jones:  Any insights on why the North Carolina purchase in Fund IV makes you nervous?

I'm looking at monthly cost to seller vs. anticipated rental income, purchase price relevant to the ARV of the area and interest rate, balloon, etc.

Hey everyone,I'm in the process of purchasing a multi-family apartment building and just discovered none of the current tenants have any kind of move-in inspection. 

Quote from @Jonathan Snider: I have been saving up for a while to purchase my first STR.

Process is simple. 1. purchase contract2. send contract to title company3. bring cash to closing and you're done

I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.

Any amount you purchase less than you sell, or any amount of cash you take out is considered to be profit.