I've been investing in real estate for 10 years and have purchased and rented 50 sfh's and duplexes.

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.

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

Wholesale, foreclosure, and seller financing can work too, but I’ve noticed that careful analysis and having reliable local contacts often deliver the best results over time.So as you two gear up for your first flip, how are you balancing the potential risk with your long-term goal of buying rentals?

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.

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

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.

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!

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

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.