Hi Scott,It seems like you’ve got a strong understanding of creative financing and investing strategies, but I do have a couple of comments and suggestions that could help you improve future deals.First, while your financing structure was incredibly effective, it’s crucial to always account for potential delays in renovation and build in a buffer for holding costs.

If you’re not working with a realtor, I suggest reaching out to @Josh Green.

Having a centralized database of beneficial ownership information will eliminate critical vulnerabilities in our financial system and allow us to tackle the scourge of illicit finance enabled by opaque corporate structures.”Filing is simple, secure, and free of charge.

Hi.  I understand the pros and cons in general of LLCs.  I know often times people on this forum say they are unnecessary and don't always protect against liability and just get a good umbrella policy.  That said, I d...

If the loan is not connected to real estate in any way and I have the means to pay them back, are simple loans from multiple family members not allowed regardless of how I plan to use the funds?  

I know you're into flips, but I’d suggest starting with turnkey properties for out-of-state (OOS) deals.

Great suggestion.

Make a simple spreadsheet or written list with the features of each and see which ones appeal to you most.

Hi Alfath,Are you suggesting that I should start with short term rentals first before I venture into buying land and building cabins Thanks

I suggest to anyone reading this to write out their requirements and pass those out to prospects that come to view the property.