I’m in the private lending space, so if you ever want to chat about financing options or need a second opinion on a deal, I’m happy to connect.

@Kenneth Joseph Perfido If you’ve moved to a new state and plan to conduct business there, you generally have two options: register your existing LLC as a foreign LLC in the new state or form a new LLC in the new state.

I recommend comparing lenders to make sure you get some good terms and financing options for your next investment!

Make sure you have that addressed just from a liability standpoint. 4) You could also look into a mid-term rental option with traveling nurses if you think the unit is truly rentable. 5) AirBnB restrictions have gotten much stricter as well in general in Chicago, so make sure you are on the right side of those if you put your unit up since you are required to register with the City.

I have been told to stay away from lease options in Texas.

He told me about LLPAs and presented me with a lot of option related to them.

If a HELOC isn't an option due to Texas laws, you could consider a cash-out refinance with another property or a portfolio loan, even if you want to keep your current rate.

recovering this negative position can consume years of the actual cash flow when using realistic expense estimates.  

. - The people that are monetized on actually closing deals are all saying this thing is highly implausible. 

There's actually a moratorium that doesn't allow foreigners to buy most properties.