Quote from @Nick Am: I own a rental property through a single member LLC (say LLC-A) and I am in process of purchasing another property under the same LLC-A.

Hi, long time follower, however not too much on posting.Goal: I’m looking to purchase a 3 family property in central CT.Position: Currently I own two condominiums that are under an LLC.

It looks like "Good Egg" is simply an Entity that collates funds, and then invests those funds on your behalf with the actual sponsors/general partners that actually purchase the properties, get the loans, manage the properties and distribute the funds.

Will they finance 100% of the purchase and renovation or will they want skin in the game (you putting money in).Most do not do 100% funding so beore going down more rabbit holes, make sure you have the $ aspect situated first.

Learn of course, but many of us have purchased properties throughout our career without "iron clad" veils and have done just fine.  

I did not attend the 3 day class, but purchased the self paced virtual version with the mind set that even if I only learned the how, it would be worth the spend long term.

Why do you think purchase contracts are so long and have such small print?

Purchased a 4 unit property in Cincinnati (Avondale) 2 months ago.

Our goal is to purchase 1 property a year for the next 10 years. 

Purchase price: $98,500 Cash invested: $15,000 owner financed on duplex, bought from a friend of the family. hopefully many more to comeHey @Jeffrey Eschbach, welcome to the BP Forum!