I am 21 with excellent credit and have enough/will have enough for the high down payment they require.

Little Rock, Arkansas, is an excellent market for real estate investment.

Consider an installment sale if financing is an issue.This post does not create a CPA-Client relationship.

However, you should think hard about the relationships and agreements/contracts you have with these partners should things go south, as they very often do for new anybody-anythings.

I used them and it was an excellent way to do a flip.

Electing disregarded entity status avoids additional filings while achieving the same tax outcome.This post does not create a CPA-Client relationship.

Maintain detailed records to substantiate deductions for materials, labor, and expenses, which can significantly reduce taxable income.While an S-Corp provides tax savings, it also requires payroll management and compliance with formalities, making it essential to stay organized or consult a tax professional for ongoing compliance.This post does not create a CPA-Client relationship.

BiggerPockets is an excellent resource to kickstart your real estate journey.I recommend that you take the time to define your financial goals and always keep learning.From insightful podcasts and informative blog posts to interactive forums and detailed guides, BiggerPockets provides a comprehensive suite of resources designed to empower you with the knowledge and confidence needed to navigate the market.

Bigger pockets calculators or make your own in excel/ google sheets

Typically, the investors I work with purchase properties in their personal names and then quit-claim the title into their LLC after the deed has been recorded.Markets like OKC, Memphis, and Little Rock offer some excellent, affordable growth opportunities, and I’d be happy to chat with you to explore these options further.