You will need down payment money, You will need cash reserves Money, you'll need closing costs money, and you will need to get a bank loan.

It is my LLC to his LLC , a friend that Ive known for 9 years working many notes with ,not that close a friend.

Closing in on silver.  

After digging through listings and getting feedback for needing a garage for all the toys, a fenced yard for the puppy or in a great location next to work. 

At the time my only issue was their loans appear to be backed by wall st.. so the closing docs were enough to kill not one but two trees and took way more time to sign the  whole package then I like to spend signing closing docs :)  But thier fee's and rates are hard to beat. 

It doesn't hurt to go over the numbers with a lender though who could give a breakdown of what a closing might look like depending on your buy box. 

I don't see a lot of deals in Maine but closed a refinance of a BRRRR property in Mars Hill, ME earlier this spring.

If they close and sign up with us then we do a site walk etc and begin onboarding.I am also a broker who assists in finding the property, doing walkthroughs etc and I get paid a commission at closing from seller.Long story short I would expect them to give you an analysis of properties you are interested in for free based on the hopes of future business, if you want them to go above and beyond and attend showings etc then ask them if they are interested and offer them compensation for their time :)

Hello BP Community,As is very common I have friends who purchase their rental houses under their own name in order to get lower interest rate loans with better terms and also cheaper landlord insurance, and then they transfer the title into their LLC after closing. 

They are much cheaper and still very nice and then I drive them until they are close to death and then sell while still running.