How much are you being quoted upfront  Hi JonathanFrom what I managed to understand from reading countless BP posts and online, WY LLC have a unique blend of benefits that are favorable for R.E investors who are sole propietors.But I am happy to be proven otherwise if you have recommendations.

Hi everyone, first ever post on BiggerPockets!
I'm looking for advice on a situation with an investment property my business partner and I purchased in June 2024 under our joint LLC in Springfield, OR. Here's the bre...

But with the high mortgage payments and tight cash flow, it could be hard to make it work as a rental without losing money upfront.

Most of us will go even higher...say 85%...but you have to get the property to cash flow at that level.

I hired Jenny Yi to design our latest STR in person, she demanded that I pay the full amount of her services upfront, $7,500, which I thought was strange as we are used to paying half upfront and half once it's completed, but proceeded anyway because a couple of people recommended her.

You definitely would want to read through the county laws again.If you don't want the extra load up front, best to wait until you get the license.

These programs usually come with 1-3 points up front, requirements of at least 10% down, and rates that are usually 50bps or more above conforming loans.

I bought my first investment property cash, for $101K.

$400k equity is producing $1600/month cash flow for a return from the cash flow of 4.8%.  

Hi everyone, first ever post on BiggerPockets!
I'm looking for advice on a situation with an investment property my business partner and I purchased in June 2024 under our joint LLC in Springfield, OR. Here's the bre...